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  • Search: subject:"passive quantitative easing"
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Bank of Japan 1 Fed 1 Federal Reserve System 1 USA 1 United States 1 active quantitative easing 1 banking 1 central banks 1 deflation 1 finance 1 monetary economics 1 monetary policies 1 passive quantitative easing 1 system strains 1 unconventional policies 1
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Reith, Matthias 1
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International Journal of Monetary Economics and Finance 1
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Unconventional monetary policy in practice: a comparison of 'Quantitative Easing' in Japan and the USA
Reith, Matthias - In: International Journal of Monetary Economics and Finance 4 (2011) 2, pp. 111-134
Quantitative Easing (QE) has been widely used by major central banks in the recent economic and financial crisis that started in 2007. However, the Bank of Japan (BoJ) already applied QE between 2001 and 2006. This paper tries to examine the differences between BoJ-type QE and QE applied by the...
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