The global crisis and unconventional monetary policy : ECB versus Fed
In the aftermath of the global economic and financial crisis, which broke-out in 2007, the major central banks started implementing so-called unconventional monetary policy measures. Following a fundamentally qualitative methodology, the aim of this paper is to compare the unconventional measures ad...
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| Format: | workingPaper |
| Language: | eng |
| Published: |
2016
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| Online Access: | http://hdl.handle.net/10400.5/11718 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/11718 |
| Summary: | In the aftermath of the global economic and financial crisis, which broke-out in 2007, the major central banks started implementing so-called unconventional monetary policy measures. Following a fundamentally qualitative methodology, the aim of this paper is to compare the unconventional measures adopted by the ECB and the Fed, assessing their characteristics and also their impacts on the economy. |
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