Low interest rates and household portfolio behaviour in euro area countries

Author (Person)
Series Title
Series Details Vol.53, No.3, May 2018, p.174-178
Publication Date May 2018
ISSN 0020-5346 (print) | 1613-964X (online)
Content Type


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.

Source Link http://dx.doi.org/10.1007/s10272-018-0743-6
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Countries / Regions