- Tytuł:
- Balance sheet policy of central banks in the conditions of the exit strategy of central bank
- Autorzy:
- Pyka, Irena
- Powiązania:
- https://bibliotekanauki.pl/articles/522511.pdf
- Data publikacji:
- 2015
- Wydawca:
- Uniwersytet Ekonomiczny w Katowicach
- Tematy:
-
Amount of money in circulation
Balance sheet of the central bank
Balance sheet policy
Credit channel
Financial market channel
Liquid reserves of central banks
Money transmission mechanism
Qualitative easing
Quantitative easing - Opis:
- The study identifies the balance sheet policy of central banks differentiating it from quantitative easing policy. Additionally, the study analyses various types of quantitative easing depicting their balance sheet effects. Changes in volumes and structures of the biggest central banks are analysed on the example of quantitative easing programs applied by the Fed and ECB. A basic and direct purpose of this study refers to the specification of reasons for central banks’ maintaining the balance sheet policy and the assessment of its outcomes from the perspective of the exit strategy adopted by central banks.
- Źródło:
-
Journal of Economics and Management; 2015, 21; 110-127
1732-1948 - Pojawia się w:
- Journal of Economics and Management
- Dostawca treści:
- Biblioteka Nauki
Artykuł