Modern Features of the Monetary Policy of the Leading World Countries [PDF]
Пространственная экономика, 2019 The global crisis of 2007–2009 exposed the problems of the financial system, arising from the rapid development of derivative financial instruments and the increase in transnational capital flows.
Elena Yuryevna Sokolova
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Quantitative Easing and Unconventional Monetary Policy – an Introduction [PDF]
The Economic Journal, 2012 This article assesses the impact of Quantitative Easing and other unconventional monetary policies followed by central banks in the wake of the financial crisis that began in 2007. We consider the implications of theoretical models for the effectiveness of asset purchases and look at the evidence from a range of empirical studies.
Michael Joyce +3 more
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Monetary policy transformation of major central banks during the COVID-19 pandemic
Финансы: теория и практика, 2022 The paper aims to assess the scope, effectiveness and key instruments of monetary policy in advanced and emerging markets during the first wave of the COVID-19 pandemic.
M. M. Kudinova
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Quantitative Easing: Reflections on Practice and Theory
World Review of Political Economy, 2013 After exhausting all the conventional monetary policies, the major Western economies, in an attempt to deal with the long-term economic recession and stimulate an economic revival, have had to implement nonconventional quantitative easing.
Yingxi Lu
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EMBARKMENT OF QUANTITATIVE EASING AS POLICY. [PDF]
International Journal of Advanced Research, 2017 In response to the financial crisis in 2008, the Federal Reserve implemented all possible monetary policies without significant success. The result was the presentation of the quantitative easing (QE) policy, which is a monetary policy where the Federal Reserve purchases mid-to long-term bonds and thus liquidates the market and increases money supply ...
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Ilościowe luzowanie polityki pieniężnej na przykładzie Fed – istota, cele i skutki
Copernican Journal of Finance & Accounting, 2013 W reakcji na kryzys Rezerwa Federalna przeprowadziła o perację ilościowego luzowania w celu wsparcia gospodarki narodowej. W pracy zbadano skuteczność ekspansywnej polityki pieniężnej realizowanej przez Fed.
Dariusz Piotrowski, Anna Piotrowska
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How inflation affects Japan’s “quantitatively eased” economy
Asian Review of Political Economy, 2023 This article argues that the Bank of Japan is caught in a bind owing to both its quantitative easing policies of the last two decades and chronic inflation.
Chris G. Pope
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Quantitative Easing and the “New Normal” in Monetary Policy [PDF]
Finance and Economics Discussion Series, 2018 Interest rates may remain low and fall to their effective lower bound (ELB) often. As a result, quantitative easing (QE), in which central banks expand their balance sheet to lower long-term interest rates, may complement policy approaches focused on adjustments in short-term interest rates. Simulation results using a large-scale model (FRB/US) suggest
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Konsekwencje implementacji programów luzowania ilościowego w strefie euro
Problemy Zarządzania, 2014 The study focuses on the analysis of the character, used by the ECB, Quantitative Easing policy. However, its direct aim is the assessment of effects of this policy.
Irena Pyka
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Analyzing the effects of conventional and non-conventional monetary policies on economic growth in uncertain conditions using stochastic general equilibrium (DSGE) method. [PDF]
اقتصاد باثبات, 2023 The relationship between financial and monetary policies and economic growth is a well-known topic in economic literature. Conventional policies refer to the set of policies implemented by the World Bank and the International Monetary Fund as custodians ...
Elham Banisaeid +2 more
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