Loosening the Belt: A Critical Assessment of the U.S. Federal Reserve's Large-Scale Asset Purchases

Description
Title: Loosening the Belt: A Critical Assessment of the U.S. Federal Reserve's Large-Scale Asset Purchases
Authors: Peacock, Ryan
Date: 2016-08
Abstract: In response to the 2008 financial crisis, the U.S. Federal Reserve moved away from conventional monetary policy, instead carrying out credit and quantitative easing through a series of large-scale asset purchases. This paper discusses the effect of the unconventional strategies employed, as they relate to various macroeconomic variables. It seeks to provide clarity on the unconventional monetary policy itself, but also the Federal Reserve’s objectives behind its use. To this end, it will assess the impacts of the U.S. experience empirically.
URL: http://hdl.handle.net/10393/35139
CollectionScience économique - Mémoires // Economics - Research Papers
Files