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The Financial Repression Policy of the European Central Bank: Interest Income and Welfare Losses for German Savers

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  • Gerhard Rösl
  • Karl-Heinz Tödter

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  • Gerhard Rösl & Karl-Heinz Tödter, 2017. "The Financial Repression Policy of the European Central Bank: Interest Income and Welfare Losses for German Savers," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(01), pages 05-08, April.
  • Handle: RePEc:ces:ifodic:v:15:y:2017:i:01:p:05-08
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    File URL: https://www.ifo.de/DocDL/dice-report-2017-1-roesl-toedter-march.pdf
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    References listed on IDEAS

    as
    1. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
    2. Martin S. Feldstein, 1999. "Capital Income Taxes and the Benefit of Price Stability," NBER Chapters, in: The Costs and Benefits of Price Stability, pages 9-46, National Bureau of Economic Research, Inc.
    3. Martin Feldstein, 1999. "Introduction to "Costs and Benefits of Price Stability, The"," NBER Chapters, in: The Costs and Benefits of Price Stability, pages 1-8, National Bureau of Economic Research, Inc.
    4. Martin Feldstein, 1999. "The Costs and Benefits of Price Stability," NBER Books, National Bureau of Economic Research, Inc, number feld99-1.
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    More about this item

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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