Szczerbowicz, Urszula - Dipartimento di Economia e Finanza (DEF), Libera … - 2011
-OIS spread, long-term interest rates and long-term inflation expectations. To this purpose we investigate the behavior of …-term interest rates. Furthermore, we find evidence that the Fed's rescue operations and QE2 raised long-term inflation expectations …. Our results show that QE1 and QE2 had different effects: QE1 reduced long-term interest rates without raising inflation …