We develop a portfolio balance model to analyze the impact of euro area quantitative easing (QE) on asset yields. Our … bank bond purchases, which is in line with the empirical literature. QE leads to a substantial flattening of the yield … curve and increasing the maturity of purchased bonds increases the average yield impact. When QE is unwound, yields increase …

We develop a portfolio balance model to analyze the impact of euro area quantitative easing (QE) on asset yields. Our … bank bond purchases, which is in line with the empirical literature. QE leads to a substantial flattening of the yield … curve and increasing the maturity of purchased bonds increases the average yield impact. When QE is unwound, yields increase …

This article distinguishes between credit easing policies and quantitative easing (QE) policies. The authors argue that … various incarnations of QE policies: QE done with banks, QE done with non-banks, QE for the people, Corbyn's people's QE and … green QE. This is done by looking at the impact of these policies on the balance sheets of banks, private agents, the …

(QE) to be more effective than papers written by academics. Weale and Wieladek (2022) show that a subset of these results … in respectable academic journals. For example, among the five papers finding the largest peak effect of QE on output, all … supported policy communication by the world's leading central banks and shaped the public perception of the effectiveness of QE …

economic stability during ZLB scenarios, where it must use bond purchases (Quantitative Easing, QE). Our findings suggest that … household welfare compared to the baseline Taylor Rule and QE framework. …

economic stability during ZLB scenarios, where it must use bond purchases (Quantitative Easing, QE). Our findings suggest that … household welfare compared to the baseline Taylor Rule and QE framework. …