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Quantative easing and unconventional monetry policy - An introduction

Journal

Economic Journal

Subject

Economics

Authors / Editors

Joyce M;Miles D;Scott A;Vayanos D

Biographies

Publication Year

2012

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.

Available on ECCH

No


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