Narrow search
Showing 1 - 10 of 80,019
Cover Image
The Relation of Brexit with the UK’s QE Decisions and its Impact on the Eurozone
Kyriazis, Νikolaos A.; Economou, Emmanouil M.L. - In: Journal of Central Banking Theory and Practice 6 (2017) 1, pp. 5-14
This paper aims to provide some insights into the way that the recent referendum held on June 23rd about the Brexit … under scrutiny. Transmission channels of the shock that the Brexit has brought about on the EU and the Eurozone, as well as … the first academic piece of work that makes a direct link between the consequences of the Brexit on decisions about …
Persistent link: https://www.econbiz.de/10012217843
Cover Image
Brexit and new perspectives of an unconventional way of Eurozone revival
Kyriazis, Nikolaos A.; Economou, Emmanouil Marios L. - In: Journal of central banking theory and practice 8 (2019) 3, pp. 5-20
through the prism of the new EU era without the UK in order to highlight the pros and cons of the historical Brexit decision …
Persistent link: https://www.econbiz.de/10012101432
Cover Image
Central bank exit strategies : domestic transmission and international spillovers
Erceg, Christopher J.; Kolasa, Marcin; Lindé, Jesper; … - 2024 - This version: April 3, 2024
We study alternative approaches to the withdrawal of prolonged unconventional monetary stimulus ("exit strategies") by central banks in large, advanced economies. We first show empirically that large-scale asset purchases affect the exchange rate and domestic and foreign term premiums more...
Persistent link: https://www.econbiz.de/10015066986
Cover Image
International spillovers of monetary policy : US Federal Reserve's quantitative easing and Bank of Japan's quantitative and qualitative qasing
Kawai, Masahiro - 2015
This paper assesses the impact of unconventional United States (US) and Japanese monetary policies on emerging economies, and explores policy coordination issues to promote macroeconomic and financial stability in developed and emerging economies. The paper first considers a theoretical...
Persistent link: https://www.econbiz.de/10010465407
Cover Image
Effects of Us Quantitative Easing on Emerging Market Economies
Bhattarai, Saroj - 2017
We estimate international spillover effects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. We estimate strong and robust macroeconomic...
Persistent link: https://www.econbiz.de/10012970183
Cover Image
Effects of US Quantitative Easing on Emerging Market Economies
Bhattarai, Saroj - 2015
We estimate international spillover effects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. We estimate strong and robust macroeconomic...
Persistent link: https://www.econbiz.de/10013010643
Cover Image
Effects of US Quantitative Easing on Emerging Market Economies
Bhattarai, Saroj - 2015
We estimate international spillover effects of US Quantitative Easing (QE) on emerging market economies. Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock with non-recursive identifying restrictions. We estimate strong and robust macroeconomic...
Persistent link: https://www.econbiz.de/10013012618
Cover Image
Effects of US Quantitative Easing on Emerging Market Economies
Bhattarai, Saroj - 2018
We estimate international spillover effects of the United States (US)' Quantitative Easing (QE) on emerging market economies (EMEs). Using a Bayesian VAR on monthly US macroeconomic and financial data, we first identify the US QE shock. The identified US QE shock is then used in a monthly...
Persistent link: https://www.econbiz.de/10012925025
Cover Image
Asymmetric macroeconomic effects of QE-induced increases in excess reserves in a monetary union
Horst, Maximilian; Neyer, Ulrike; Stempel, Daniel - 2020
The Eurosystem's large-scale asset purchases (quantitative easing, QE) induce a strong and persistent increase in excess reserves in the euro area banking sector. These excess reserves are heterogeneously distributed across euro area countries. This paper develops a two-country New Keynesian...
Persistent link: https://www.econbiz.de/10012243601
Cover Image
Quantitative easing by the fed and international capital flows
Khatiwada, Sameer - 2017
By employing a novel dataset on international capital flows, this paper examines the impact of Fed's quantitative easing (QE) policies on flows to emerging markets economies (EMEs) and the EU countries. Episodes of QE are examined separately, with the last episode divided between pre- and...
Persistent link: https://www.econbiz.de/10011582306