TY - BOOK ID - 78488306 TI - The low interest rate policy of the European central bank : are European savers being expropriated? PY - 2017 SN - 3960676190 9783960676195 3960671199 9783960671190 PB - Hamburg, [Germany] : Anchor Academic Publishing, DB - UniCat KW - Monetary policy KW - European Central Bank. KW - ECB KW - Banque centrale européenne KW - BCE KW - Banco Central Europeo KW - Banca centrale europea KW - Europäische Zentralbank KW - EZB KW - Európska centrálna banka KW - Banks and banking, Central KW - Interest rates KW - Eminent domain KW - Compulsory purchase (Eminent domain) KW - Condemnation of land KW - Domain, Eminent KW - Expropriation KW - Land, Condemnation of KW - Takings (Eminent domain) KW - Land use KW - Right of property KW - Angary, Right of KW - Monetary management KW - Economic policy KW - Currency boards KW - Money supply KW - Money market rates KW - Rate of interest KW - Rates, Interest KW - Interest KW - Banker's banks KW - Banks, Central KW - Central banking KW - Central banks KW - Banks and banking KW - Law and legislation KW - E-books UR - https://www.unicat.be/uniCat?func=search&query=sysid:78488306 AB - Central banks around the world have lowered their key interest rates to historical lows and implemented large asset purchase programs in the past few years. Within the scientific and, most recently, also increasingly in the political debate, the nominal interest rate is mainly the subject of discussion. The question is often raised whether saving and retirement provision are still worthwhile for private households, especially in Germany. In this context it is often ignored or not considered that the purchasing power of the nominal interest rates fluctuates considerably with the inflation rate. Inflation-adjusted real interest rates are therefore decisive for the actual income from financial assets and crucial for the savings and investment behavior. This study, therefore, shall play ist part to investigate scientifically the influence and correlation of low and negative key interest rates on yield levels of selected asset classes within the sphere of influence of the European Central Bank. In this context, the mainly populist question is also answered whether savers are expropriated slowly. ER -