DiscoverMacro Waves#03 – The paradox of saving: individual rationality, macroeconomic headache
#03 – The paradox of saving: individual rationality, macroeconomic headache

#03 – The paradox of saving: individual rationality, macroeconomic headache

Update: 2019-11-20
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In this last episode, William De VIjlder will show us how negative rates can have an unfavourable impact on financial income and notably retirement savings capital. Other questions arise: are these negative rates causing an increase in households’ savings rate and is this increase to last? And if so, to what extent can the monetary policy be affected?
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#03 – The paradox of saving: individual rationality, macroeconomic headache

#03 – The paradox of saving: individual rationality, macroeconomic headache

BNP Paribas Economic Research