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~isPartOf:"Working Papers / Schweizerische Nationalbank (SNB)"
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Liquidity Effect
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Long-Term Interest Rates
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Monetary Policy
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central bank asset purchases
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Working Papers / Schweizerische Nationalbank (SNB)
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Portfolio
balance
effects of the SNB's bond purchase program
Krogstrup, Signe
;
Kettemann, Andreas
-
Schweizerische Nationalbank (SNB)
-
2013
bond spreads used allows us to identify this effect as a discounted
portfolio
balance
effect of the expected purchases, as …
Persistent link: https://www.econbiz.de/10010617362
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2
Liquidity Effects of Quantitative Easing on Long-Term Interest Rates
Krogstrup, Signe
;
Reynard, Samuel
;
Sutter, Barbara
-
Schweizerische Nationalbank (SNB)
-
2012
effect is separate from the
portfolio
balance
effect of the change in the public supply of Treasury bonds, which is estimated …
Persistent link: https://www.econbiz.de/10010542048
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