Quantitative Easing and Its Impact in the US, Japan, the UK and Europe

• Κύριοι συγγραφείς: Hausken, Kjell (Συγγραφέας), Ncube, Mthuli (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: New York, NY : Springer New York : Imprint: Springer, 2013.
• Σειρά: SpringerBriefs in Economics,
• Θέματα: Macroeconomics.; Economic policy.; Economic growth.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Growth.; Economic Policy.

This volume empirically analyzes the effects of quantitative easing (QE) on interest rates and the economy in the US, Japan, UK and Europe. Using an event-study methodology, the authors find that the measures undertaken by the Federal Reserve and Bank of England, which focus primarily on bond purcha...

Πίνακας περιεχομένων:

• 1 Introduction.- 2 Transmission Channels for Quantitative Easing and Effects on Interest Rates
• 3 The Central Bank Loss Function and Quantitative Easing as a Stackelberg Game
• 4 The Effect of Quantitative Easing on Interest Rates
• 5 Broader Economic Effects on Quantitative Easing
• 6 Conclusion.