QUANTITATIVE EASING AND UNCONVENTIONAL MONETARY POLICY - AN INTRODUCTION

Authors / Editors

Research Areas

Publication Details

Output type: Journal article

Author list: Joyce M, Miles D, Scott A, Vayanos D

Publisher: Oxford University Press

Publication year: 2012

Journal: The Economic Journal (0013-0133)

Volume number: 122

Issue number: 564

Start page: F271

End page: F288

ISSN: 0013-0133

eISSN: 1468-0297

Languages: English-Great Britain (EN-GB)

Unpaywall Data

Open access status: green

Full text URL: http://personal.lse.ac.uk/vayanos/Papers/QEUMCI_EJ12.pdf

Abstract

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. We also provide an overview of the contributions of the other articles in this Feature.

Keywords

No matching items found.

Documents