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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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Search-for-yield and home bias under quantitative easing
Tanaka, Hiroya; Hori, Keiichi; Shibata, Akihisa - 2024
Persistent link: https://www.econbiz.de/10015053456
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Portfolio preference uncertainty and gains from policy coordination
Masson, Paul R. - 1991
Persistent link: https://www.econbiz.de/10000829867
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Liquidity constraints in economies with aggregate fluctuations : a quantitative exploration
Díaz-Giménez, Javier; Prescott, Edward C. - 1991
Persistent link: https://www.econbiz.de/10000840655
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International portfolio disturbances and domestic monetary policy
Shafer, Jeffrey R.; Truman, Edwin M. - 1981
Persistent link: https://www.econbiz.de/10000780317
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Finanzmärkte, Finanzinnovationen und Geldpolitik : [26. Sitzung des Ausschusses Geldtheorie und Geldpolitik am 24. und 25. Februar 1995]
Duwendag, Dieter (ed.); Bischofberger, Karlheinz (contributor) - 1996
Persistent link: https://www.econbiz.de/10000561145