The Macroeconomic Effects of Quantitative Easing
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منابع مشابه
E§ects of US Quantitative Easing on Emerging Market Economies∗
This paper estimates international spillover e§ects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. This identified shock is then used in another Bayesian panel VAR for emerging market economies to infer the international spillover e§ec...
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تاریخ انتشار 2011