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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Bibliografski detalji
Izdano u:MAGKS - Joint Discussion Paper Series in Economics (Band 27-2014)
Glavni autori: Meinusch, Annette, Tillmann, Peter
Format: Članak
Jezik:engleski
Izdano: Philipps-Universität Marburg 2014
Teme:
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