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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - 2016
The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...
Persistent link: https://www.econbiz.de/10011439850
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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - 2016
Persistent link: https://www.econbiz.de/10011532326
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Demographics and real interest rates : inspecting the mechanism
Carvalho, Carlos Viana de; Ferrero, Andrea; Nechio, Fernanda - In: European economic review : EER 88 (2016), pp. 208-226
Persistent link: https://www.econbiz.de/10011770871
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Money Creation : Death of the Money Multiplier
Faure, Alexander Pierre - 2013
the money multiplier model/strict money-rule model) and the interest rate-focused model. The former only exists in theory …
Persistent link: https://www.econbiz.de/10014158596
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Transmission de la politique monétaire et crédit bancaire : une application à cinq pays de l'OCDE
Barrán Cabrera, Fernando; Coudert, Virginie; Mojon, Benoît - 1994
Persistent link: https://www.econbiz.de/10000890127
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Moneta e politica in Francia : dalla cassa di sconto agli assegnati (1776 - 1792)
Albertone, Manuela - 1992
Persistent link: https://www.econbiz.de/10000857709
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The costs/benefits of a common monetary policy in France and Germany and possible lessons for monetary union
Mélitz, Jacques; Weber, Axel A. - 1996 - rev
Persistent link: https://www.econbiz.de/10000591841
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Assessing the credibility of a target zone : evidence from EMS countries
Tronzano, Marco; Sola, Martin - 1996
Persistent link: https://www.econbiz.de/10000593181
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The natural rate of exchange between the French Franc and the Deutsche Mark : a Wicksellian approach
Crouhy-Veyrac, Liliane L.; Saint Marc, Michèle - 1993
Persistent link: https://www.econbiz.de/10000141399