FINANCIAL CRISIS AND QUANTITATIVE EASING: CAN BROAD MONEY TELL US ANYTHING?*
نویسندگان
چکیده
منابع مشابه
Quantitative Easing and Financial Stability∗
The massive expansion of central-bank balance sheets in response to recent crises raises important questions about the effects of such “quantitative easing” policies, both their effects on financial conditions and on aggregate demand (the intended effects of the policies), and their possible collateral effects on financial stability. The present paper compares three alternative dimensions of ce...
متن کاملDecomposing US Money Supply Changes since the Financial Crisis
In response to the financial crisis of 2008, the Federal Reserve radically increased the monetary base. Banks responded by increasing excess reserves rather than increasing bank loans, and the public responded with a substantial flight to liquidity in the form of currency and demand deposits. As a result, the money-supply multipliers substantially decreased, so that the actual money supply meas...
متن کاملDoes Protective Measurement Tell Us Anything about Quantum Reality?
An analysis of the two routes through which one may disentangle a quantum system from a measuring apparatus, hence protect the state vector of a single quantum system from being disturbed by the measurement, reveals several loopholes in the argument from protective measurement to the reality of the state vector of a single quantum
متن کاملDo vocalizations tell us anything about animal welfare?
621 A nimals’ vocalizations are a common sound in veterinary practice, and research is being done on the relationship between vocalizations and animal welfare. Most of this research concerns farm animals (1,2), and research in different domestic species will be very relevant to veterinary practice by indicating how a vocalizing individual is faring and how its vocalizations affect the welfare o...
متن کاملWhat Paint Can Tell Us
Objective: The notion that artistic capability increases with dementia is both novel and largely unsupported by available literature. Recent research has suggested an emergence of artistic capabilities to be a by-product of involuntary behaviour seen with dementia, as opposed to a progression in original thinking (de Souza, et al., 2010). A far more complementary explanation comes from Hanneman...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Manchester School
سال: 2012
ISSN: 1463-6786
DOI: 10.1111/j.1467-9957.2012.02323.x