Non-Neutrality of Open-Market Operations
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- Pierpaolo Benigno & Salvatore Nisticò, 2020. "Non-neutrality of Open-Market Operations," American Economic Journal: Macroeconomics, American Economic Association, vol. 12(3), pages 175-226, July.
- Salvatore Nistico & Pierpaolo Benigno, 2017. "Non-Neutrality of Open Market Operations," 2017 Meeting Papers 574, Society for Economic Dynamics.
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More about this item
Keywords
central bank's balance sheet; QE; unconventional monetary policy;All these keywords.
JEL classification:
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2015-05-22 (Central Banking)
- NEP-MAC-2015-05-22 (Macroeconomics)
- NEP-MON-2015-05-22 (Monetary Economics)
Statistics
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