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Often, people who can afford to save, even though they are concerned about their financial situation in retirement, fail to allocate part of their income to long-term savings products. One of the reasons for this is our cognitive biases. We take a look at what behavioural economics teaches us about how we save.
The monetary authorities will once again take centre stage in the coming months, as different approaches to addressing the new risks emerge.
But for once, to start the year on a good footing, permit me to dare to highlight what is going well, and the things that can go even better, of which there are plenty.
One of the most highly debated issues around a partial or total peace agreement and the process of Ukraine’s reconstruction is what will happen to the European energy scenario. Will Europe once again be a major customer of Russian energy?
In the continuation of the article «Advanced economy housing markets in a scenario of tighter monetary policy (part I)» we calculate the potential adjustment in housing prices which could occur in some of the international housing markets that are showing signs of overvaluation.