Is macroprudential policy driving savings?
This paper shows that the recent surge in savings is a result of tighter macroprudential policy. Using a difference-in-differences approach with staggered treatment adoption, we find that households in EU countries that adopted macroprudential policy between 2000 and 2019 increased their savings up...
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| Format: | workingPaper |
| Language: | eng |
| Published: |
2021
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| Online Access: | http://hdl.handle.net/10400.5/21449 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/21449 |