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Anlageverhalten privater Haushalte in Deutschland: Die Rolle der realen Renditen
Annuß, Christine | Rupprecht, Manuel
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 85 (2016), Iss. 1 : pp. 95–109
3 Citations (CrossRef)
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Deutsche Bundesbank
Deutsche Bundesbank
Cited By
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Renditen privater Haushalte nach Vermögensgruppen — Deutschland versus Österreich
Andreasch, Michael | Radke, Marc Peter | Rupprecht, ManuelWirtschaftsdienst, Vol. 100 (2020), Iss. 6 P.446
https://doi.org/10.1007/s10273-020-2679-2 [Citations: 1] -
Wo wirtschaftspolitische Unterstützung sinnvoll ist
Rupprecht, Manuel | Annuß, ChristineBankmagazin, Vol. 66 (2017), Iss. 5 P.26
https://doi.org/10.1007/s35127-017-0039-3 [Citations: 0] -
Household Wealth: Low-Yielding and Poorly Structured?
Radke, Marc Peter | Rupprecht, ManuelJournal of Risk and Financial Management, Vol. 14 (2021), Iss. 3 P.99
https://doi.org/10.3390/jrfm14030099 [Citations: 0]
Abstract
Nominal interest rates in Germany have fallen to historically low levels in the past years, particularly for bank deposits, thereby potentially reducing households’ interest incomes. Against this backdrop, this article establishes the computation of the real total portfolio return of households in Germany. Besides bank deposits, this return is also determined by higher-yielding forms of investment such as insurance claims and securities and is not exceptionally low at the current stage. The real return, however, is not the central determinant of the financial investment decision. In addition to demographic and institutional factors, preferences concerning the liquidity and riskiness, in fact, are more important determinants. Compared to other euro area countries, German households" preferences do not constitute an exception in this respect.