Effects of quantitative easing on the USA economy: A test for policy effectiveness

The catastrophic disruption in the USA financial system in the wake of the financial crisis prompted the Federal Reserve to launch a Quantitative Easing (QE) programme in late 2008. In line with Pesaran and Smith (2014), I use a policy effectiveness test to assess whether this massive asset purchase...

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Detalhes bibliográficos
Autor principal: Silva, Alexandre Marques Correia da (author)
Formato: masterThesis
Idioma:eng
Publicado em: 2015
Assuntos:
Counterfactual
Policy effectiveness
Quantitative easing
Zero lower bound
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
Texto completo:http://hdl.handle.net/10362/15566
País:Portugal
Oai:oai:run.unl.pt:10362/15566

Texto Completo

http://hdl.handle.net/10362/15566

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