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New Modes of Monetary Policy: Qualitative Easing by the Fed


Philipp Bagus


Universidad Rey Juan Carlos - Department of Applied Economics

Markus H. Schiml


affiliation not provided to SSRN

Economic Affairs, Vol. 29, Issue 2, pp. 46-49, June 2009

Abstract:     
Recent developments in monetary policy demand new analytical tools, in particular an analysis of central banks' balance sheets. During the sub-prime crisis the balance sheet of the Federal Reserve System deteriorated substantially. In this article we analyse the process of this deterioration in detail.

Number of Pages in PDF File: 4

Accepted Paper Series


Date posted: June 2, 2009  

Suggested Citation

Bagus, Philipp and Schiml, Markus H., New Modes of Monetary Policy: Qualitative Easing by the Fed. Economic Affairs, Vol. 29, Issue 2, pp. 46-49, June 2009. Available at SSRN: http://ssrn.com/abstract=1412908 or http://dx.doi.org/10.1111/j.1468-0270.2009.01893.x

Contact Information

Philipp Bagus (Contact Author)
Universidad Rey Juan Carlos - Department of Applied Economics ( email )
Mostoles - Madrid, E-28933
Spain
Markus H. Schiml
affiliation not provided to SSRN ( email )
Feedback to SSRN (Beta)


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