We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data …-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal … levels, there is evidence that the savings response may even reverse sign. Such a "savings' reversal" is consistent with the …

In the present paper, we investigate the financial homogeneity of the euro area economies by contrasting eurozone … changes in the portfolio holdings of eurozone economic actors owing to economic crises and monetary policy responses. The … different Eurozone countries, both during and after the crisis. Despite some similarities in the portfolio rearrangement across …

: Europa muss schleunigst wieder auf den Pfad einer soliden Geldpolitik zurückkehren. Nur dann kann das Vertrauen in den Euro …

We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data …-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal … levels, there is evidence that the savings response may even reverse sign. Such a “savings’ reversal” is consistent with the …