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The effect of unconventional monetary policy on inflation expectations : evidence from firms in the United Kingdom

Boneva, Lena; Cloyne, James; Weale, Martin; Wieladek, Tomasz - 2016

This paper investigates the effect of quantitative easing (QE) and other unconventional monetary policies on inflation and wage expectations of UK manufacturing firms. To identify the effect of QE on firms' expectations, we use a novel approach of combining microeconometric data with...

Persistent link: https://www.econbiz.de/10011515882