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Hausken, Kjell, Ncube, Mthuli - Quantitative Easing and Its Impact in the US, Japan, the UK and Europe (SpringerBriefs in Economics) - 9781461496458 - V9781461496458
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Quantitative Easing and Its Impact in the US, Japan, the UK and Europe (SpringerBriefs in Economics)

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Description for Quantitative Easing and Its Impact in the US, Japan, the UK and Europe (SpringerBriefs in Economics) Paperback. Series: SpringerBriefs in Economics. Num Pages: 133 pages, 16 black & white illustrations, 8 colour illustrations. BIC Classification: KCBM; KCG; KCP. Category: (P) Professional & Vocational. Dimension: 154 x 240 x 12. Weight in Grams: 216.
This volume empirically analyzes the effects of quantitative easing (QE) on interest rates and the economy in the US, Japan, UK and Europe. Using an event-study methodology, the authors find that the measures undertaken by the Federal Reserve and Bank of England, which focus primarily on bond purchases, are much more effective in lowering interest rates than those undertaken by the Bank of Japan and the European Central Bank, which have relied more heavily on lending to private financial institutions. Using large Bayesian vector autoregression (BVAR) models they also analyze the impact of QE on the wider economy. They produce no-QE ... Read more

Product Details

Format
Paperback
Publication date
2013
Publisher
Springer
Condition
New
Series
SpringerBriefs in Economics
Number of Pages
123
Place of Publication
New York, NY, United States
ISBN
9781461496458
SKU
V9781461496458
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

About Hausken, Kjell, Ncube, Mthuli
Kjell Hausken has been Professor of Economics and Societal Safety at the University of Stavanger, Norway since 1999. His research fields are strategic interaction, risk analysis, public choice, conflict, game theory, terrorism, information security, economic risk management. He holds a PhD from the University of Chicago (1990–1994), was a Postdoc at the Max Planck Institute (Cologne) 1995–1998, and a Visiting ... Read more

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