BLINOV, Sergey - Volkswirtschaftliche Fakultät, … - 2014
successful monetary policy. During the hardest phase of the most recent crisis, the central banks worldwide, for example, U ….S. Federal Reserve System, resorted to another tool, i.e. Quantitative easing (QE), rather interest rates (which, by that time …This paper investigates the possibility of conducting an unconventional monetary policy of Quantitative easing (QE) at …