Quantitative Easing, Households' Savings and Growth: A Luxembourgish Case Study

International audience ; The aim of the paper is to evaluate the impact of Quantitative Easing (QE) on economic growth throughhouseholds’ saving, in particular currency, deposits, and mutual funds. We focus on currency, deposits, and mutualfunds since they represent more than 75% of the total assets of Luxembourgish households (on average more than50% for the currency and deposits and about 25% for the mutual funds for the period 2002Q1 to 2016Q2). Wetry to under-line how savings’ decisions are affected by unconventional monetary policies during crisis periods,economic instability and low-inte... Mehr ...

Volltext
Verfasser: Goldman, Sarah
Zhang, Shouyi
Dokumenttyp: Artikel
Erscheinungsdatum: 2022
Verlag/Hrsg.: HAL CCSD
Schlagwörter: Quantitative Easing Policy / Mutual Funds / Currency / JEL: E - Macroeconomics and Monetary Economics / JEL: E - Macroeconomics and Monetary Economics/E.E2 - Consumption / Saving / Production / Investment / Labor Markets / and Informal Economy/E.E2.E21 - Consumption • Saving • Wealth / JEL: E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy / Central Banking / and the Supply of Money and Credit/E.E5.E51 - Money Supply • Credit • Money Multipliers / and the Supply of Money and Credit/E.E5.E58 - Central Banks and Their Policies / JEL: E - Macroeconomics and Monetary Economics/E.E6 - Macroeconomic Policy / Macroeconomic Aspects of Public Finance / and General Outlook/E.E6.E64 - Incomes Policy • Price Policy / [SHS.ECO]Humanities and Social Sciences/Economics and Finance
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-26739280
Datenquelle: BASE; Originalkatalog
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Link(s) : https://hal-u-picardie.archives-ouvertes.fr/hal-04080189