Similar Search Results

Quantifying the Costs and Benefits of Quantitative Easing

Levin, Andrew T.; Lu, Brian L.; Nelson, William R. - National Bureau of Economic Research - 2022

We conduct a systematic analysis of the costs and benefits of large-scale securities purchases, using the Federal Reserve's QE4 program as a concrete example. This program was initiated at the onset of the pandemic in March 2020 and continued for two years, leading to a doubling of the Fed's...

Persistent link: https://www.econbiz.de/10013477241

Monetary-fiscal policy interaction and fiscal inflation: a tale of three countries

Kliem, Martin; Kriwoluzky, Alexander; Sarferaz, Samad - 2015

fiscal stance and inflation using cross-country data from 1965 to 1999. In a first step, we contrast the monetary … that the low-frequency relationship between the fiscal stance and inflation is low during periods of an independent central … illustrate the mechanisms through which fiscal actions affect inflation in the long run. The findings from the DSGE model suggest …

Persistent link: https://www.econbiz.de/10011382562

Optimization of macroeconomic policy and stabilization of cyclical economic dynamics

Bandura, Oleksandr - In: Economy and forecasting : scientific journal (2021) 4, pp. 86-106

Persistent link: https://www.econbiz.de/10013347500

Intersectoral conflict and delays in macroeconomic stabilization

Razmi, Arslan - 2024

An important body of literature explores the political economy reasons underlying delays in macroeconomic stabilization. This paper develops a framework to analyze conflict between two groups of economic actors, one that has an endowment of internationally tradable goods and another that is...

Persistent link: https://www.econbiz.de/10014529854