EPISODE · Nov 20, 2019 · 5 MIN
#03 – The paradox of saving: individual rationality, macroeconomic headache
from Macro Waves · host BNP Paribas Economic Research
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?Hosted on Ausha. See ausha.co/privacy-policy for more information.
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#03 – The paradox of saving: individual rationality, macroeconomic headache
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