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New Modes Of Monetary Policy: Qualitative Easing By The Fed

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Author Info
Philipp Bagus
Markus H. Schiml
Abstract

Recent developments in monetary policy demand new analytical tools, in particular an analysis of central banks' balance sheets. During the sub-prime crisis the balance sheet of the Federal Reserve System deteriorated substantially. In this article we analyse the process of this deterioration in detail. Copyright (c) 2009 The Authors. Journal compilation (c) Institute of Economic Affairs 2009. Published by Blackwell Publishing, Oxford.

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Article provided by Blackwell Publishing in its journal Economic Affairs.

Volume (Year): 29 (2009)
Issue (Month): 2 (06)
Pages: 46-49
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Handle: RePEc:bla:ecaffa:v:29:y:2009:i:2:p:46-49

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  1. Karanassou, Marika & Sala, Hector, 2009. "The US Inflation-Unemployment Tradeoff: Methodological Issues and Further Evidence," IZA Discussion Papers 4252, Institute for the Study of Labor (IZA). [Downloadable!]
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This page was last updated on 2009-11-28.

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