Results 261 to 270 of about 5,906 (296)

Does the ECB policy of quantitative easing impact environmental policy objectives?

Journal of Economic Policy Reform, 2021
The relationship between the environment and climate change on one hand and the financial system, financial regulation and monetary policy on the other is growing in importance.
Nathalie Hilmi, Salpie Djoundourian, Wassim Shahin, Alain Safa   +3 more
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Quantitative easing operations as an instrument of monetary policy

Voprosy Ekonomiki, 2018
Quantitative easing operations (QE) carried out during the last ten years by world central banks have become a reaction to the weakness of traditional instruments used to counteract the financial crisis of 2007-2009 and the following recession. This article reviews the peculiar features of QE, theoretical explanations of their influence on economic ...
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Interest on reserves, policy rules and quantitative easing

Journal of Economic Dynamics and Control, 2014
Abstract Hundred percent reserve transaction banking system is proposed with tax-free interest on demand deposits and interest bearing reserves. To eliminate shadow banking arrangements, a 100% tax on net interest income is proposed for limited liability businesses. All financing of businesses would be mutual as currently most is.
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Quantitative Easing as a Policy Tool Under the Effective Lower Bound

2015
Cet article fait la synthèse des résultats des mesures d’assouplissement quantitatif adoptées à l’échelle internationale alors que l’instrument traditionnel de la politique monétaire, le taux directeur, était contraint par sa valeur plancher effective.
Reza, Abeer, Santor, Eric, Suchanek, Lena   +2 more
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Liquidity, Quantitative Easing and Optimal Monetary Policy [PDF]

, 2013
We investigate optimal monetary policy design using a New Keynesian model that accommodates liquidity frictions. In this model, unlike the standard New Keynesian model, the central bank faces a trade-off between inflation and output stabilisation. Optimal policy requires a temporary deviation from price stability in response to a negative shock to the ...
Engin Kara, Jasmin Sin
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Quantitative Easing and the Liquidity Channel of Monetary Policy [PDF]

, 2014
How do central bank purchases of illiquid assets affect interest rates and the real economy? In order to answer this question, I construct a parsimonious and very flexible general equilibrium model of asset liquidity. In the model, households are heterogeneous in their asset portfolios and demand for liquidity, and asset trade is subject to frictions ...
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International Spillovers of Monetary Policy: US Federal Reserve's Quantitative Easing and Bank of Japan's Quantitative and Qualitative Easing [PDF]

SSRN Electronic Journal, 2015
This paper assesses the impact of unconventional United States (US) and Japanese monetary policies on emerging economies, and explores policy coordination issues to promote macroeconomic and financial stability in developed and emerging economies. The paper first considers a theoretical framework that allows us to analyze the impact of one country's ...
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Effects of the Quantitative Easing Policy: A Survey of Empirical Analyses [PDF]

Monetary and Economic Studies, 2006
This paper surveys the empirical analyses that examine the effects of the Bank of Japan (BOJ)'s quantitative easing policy (QEP), which was implemented from March 2001 through March 2006. The survey confirms a clear effect whereby the commitment to maintain the QEP fostered the expectations that the zero interest rate would continue into the future ...
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Quantitative Easing and Fiscal Policy Effectiveness

SSRN Electronic Journal, 2023
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The Impact of quantitative easing policy on bank riskiness

This study investigates the impact of Quantitative Easing (QE) on bank riskiness across 18 countries from 2001 to 2023. Using a panel dataset and Generalized Method of Moments (GMM) estimation, this research explores the relationship between QE and bank risk-taking behavior, with a particular focus on differences between advanced and emerging economies.
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