Fed and ECB reaction functions during quantitative easing: Three phases of monetary policy, both conventional and unconventional
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DOI: 10.1016/j.jpolmod.2024.03.003
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More about this item
Keywords
Monetary policy; Quantitative easing; Reaction function; Taylor rule;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
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