currency government bonds could be a viable option for credible emerging market central banks to support macroeconomic policy …

yielded dis-torted inflation expectations estimates. Since the beginning of thepandemic, monetary policy kept nominal rates …The Covid-19 Pandemic and policy response rattled the USTreasury markets. Conventional US Treasuries, inflation … larger wedge between nominal interest rates andreal interest rates in the inflation adjusted market. …

monetary policy in Poland. Since 2008, numerous asset purchase programmes have been launched by central banks in major … to unique circumstances). The former hypothesis calls on central banks to treat unconventional monetary policy … developed economies to raise economic growth and inflation in the aftermath of the Global Financial Crisis. These programmes can …

the inflation target. Active QE is primarily required when nominal interest rates are near the ELB, pointing to benefits …Interest rates may remain low and fall to their effective lower bound (ELB) often. As a result, quantitative easing (QE …), in which central banks expand their balance sheet to lower long-term interest rates, may complement policy approaches …

monetary policy in Poland. Since 2008, numerous asset purchase programmes have been launched by central banks in major … to unique circumstances). The former hypothesis calls on central banks to treat unconventional monetary policy … developed economies to raise economic growth and inflation in the aftermath of the Global Financial Crisis. These programmes can …

effects on real GDP, real investment, inflation, and stock market indices, along with currency appreciation, current account …This paper studies the spillover effects of US quantitative easing on emerging market economies. I estimate the …

macroeconomic variables. This term premium channel is found to have significantly raised inflation and real GDP, and was a major … of Quantitative Easing (QE) through the risk-neutral rate is attributed to the well-known signaling effect, changes in …

This paper compares the distributional effects of conventional monetary policy and quantitative easing (QE) within an …

This paper compares the distributional effects of conventional monetary policy and quantitative easing (QE) within an …