IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789813236592_0004.html
   My bibliography  Save this book chapter

Lessons from the U.S. Experience with Quantitative Easing

In: Innovative Federal Reserve Policies During the Great Financial Crisis

Author

Listed:
  • Eric S. Rosengren

Abstract

The expansion of the Federal Reserve’s balance sheet ended with the completion of the tapering process last October, but we still are a long way from normalizing either short-term interest rates or our balance sheet. As a result, it may be some time before a full assessment of the effects of our quantitative easing policies can be made, since a full evaluation will require a successful return to a normalized monetary policy. Nonetheless, I think it is quite possible and appropriate at this point to consider which design features of the Federal Reserve’s asset-purchase program were effective, and which were less successful, in achieving our monetary policy goals…

Suggested Citation

  • Eric S. Rosengren, 2018. "Lessons from the U.S. Experience with Quantitative Easing," World Scientific Book Chapters, in: Douglas D Evanoff & George G Kaufman & A G Malliaris (ed.), Innovative Federal Reserve Policies During the Great Financial Crisis, chapter 4, pages 125-142, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813236592_0004
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789813236592_0004
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789813236592_0004
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789813236592_0004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.