Jakl, Jakub - In: Journal of Central Banking Theory and Practice 6 (2017) 2, pp. 77-99
The main focus of this paper rests on the event study and SVAR analysis of quantitative easing that was initiated as a reaction to the financial crisis at the turn of 2008/2009 that finally ended in 2014. The Fed was virtually unable to continue with its conventional monetary policy regime in...