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(Un)Conventional Monetary and Fiscal Policy
Wu, Jing Cynthia; Xie, Yinxi - National Bureau of Economic Research - 2022
quantitative easing (QE), lump-sum fiscal transfers, and government spending have the same effects on the aggregate economy when …
Persistent link: https://www.econbiz.de/10013477198
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(Un)Conventional Monetary and Fiscal Policy
Wu, Jing Cynthia; Xie, Yinxi - 2022
spending can have the same effects on the aggregate economy when fiscal policy is fully tax financed. Compared with these three …
Persistent link: https://www.econbiz.de/10014080632
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Measuring the macroeconomic impact of monetary policy at the zero lower bound
Wu, Jing Cynthia; Xia, Fan Dora - In: Journal of money, credit and banking : JMCB 48 (2016) 2/3, pp. 253-291
Persistent link: https://www.econbiz.de/10011516531
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Measuring the macroeconomic impact of monetary policy at the zero lower bound
Wu, Jing Cynthia; Xia, Fan Dora - 2014
Persistent link: https://www.econbiz.de/10010360894
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Wall Street QE vs. Main Street Lending
Cardamone, Dario; Sims, Eric R.; Wu, Jing Cynthia - In: European economic review : EER 156 (2023), pp. 1-21
Persistent link: https://www.econbiz.de/10014439480
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Global Effective Lower Bound and Unconventional Monetary Policy
Wu, Jing Cynthia - 2018
In a standard open-economy New Keynesian model, the effective lower bound causes anomalies: output and terms of trade …
Persistent link: https://www.econbiz.de/10012453006
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Global Effective Lower Bound and Unconventional Monetary Policy
Wu, Jing Cynthia - 2018
In a standard open-economy New Keynesian model, the effective lower bound causes anomalies: output and terms of trade …
Persistent link: https://www.econbiz.de/10012916610
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Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
Wu, Jing Cynthia - 2015
economy operating near the zero lower bound for interest rates. We show that such a model offers an excellent description of … policy. Our estimates imply that the efforts by the Federal Reserve to stimulate the economy since July 2009 succeeded in …
Persistent link: https://www.econbiz.de/10013035103
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Evaluating Central Banks' tool kit : past, present, and future
Sims, Eric R.; Wu, Jing Cynthia - In: Journal of monetary economics 118 (2021), pp. 135-160
Persistent link: https://www.econbiz.de/10012603766
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Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
Wu, Jing Cynthia - 2014
economy operating near the zero lower bound for interest rates. We show that such a model offers an excellent description of … policy. Our estimates imply that the efforts by the Federal Reserve to stimulate the economy since July 2009 succeeded in …
Persistent link: https://www.econbiz.de/10012458549