The Macroeconomic Impact of Unconventional Monetary Policy Shocks

With the Federal Funds rate approaching the zero lower bound, the U.S. Federal Reserve adopted a range of unconventional monetary policy measures known as Quantitative Easing (QE). Quantifying the impact QE has on the real economy, however, is not straightforward as standard tools such as VAR model...

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Foilsithe in:MAGKS - Joint Discussion Paper Series in Economics (Band 27-2014)
Príomhchruthaitheoirí: Meinusch, Annette, Tillmann, Peter
Formáid: Alt
Teanga:Béarla
Foilsithe / Cruthaithe: Philipps-Universität Marburg 2014
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