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Quantitative Easing and Its Impact in the US, Japan, the UK and Europe (SpringerBriefs in Economics)

Kjell Hausken, Mthuli Ncube




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 | #2014646 in eBooks |  2013-12-06 |  2013-12-06 | File type: PDF

||About the Author||Kjell Hausken has been Professor of Economics and Societal Safety at the University of Stavanger, Norway since 1999. His research fields are strategic interaction, risk analysis, public choice, conflict, game theory, terrorism, information secu

This volume empirically analyzes the effects of quantitative easing (QE) on interest rates and the economy in the US, Japan, UK and Europe. Using an event-study methodology, the authors find that the measures undertaken by the Federal Reserve and Bank of England, which focus primarily on bond purchases, are much more effective in lowering interest rates than those undertaken by the Bank of Japan and the European Central Bank, which have relied more heavily on lending to ...

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