|Author (Person)||Rupprecht, Manuel|
|Series Details||Vol.53, No.3, May 2018, p.174-178|
|Publication Date||May 2018|
|ISSN||0020-5346 (print) | 1613-964X (online)|
|Content Type||Journal | Series | Blog|
This paper examines whether household portfolio structures change in favour of riskier assets when interest rates fall. Using euro area financial accounts data from the financial crisis through the present day, it is shown that the current low interest rate environment has not, up to this point, induced euro area households to add further risky assets to their investment portfolios.
|Subject Categories||Economic and Financial Affairs|
|Countries / Regions||Europe|