The impact of unconventional monetary policy on firm financing constraints: Evidence from the maturity extension program

N Foley-Fisher, R Ramcharan, E Yu - Journal of Financial Economics, 2016‏ - Elsevier
This paper investigates the impact of unconventional monetary policy on firm financial
constraints using the maturity extension program (MEP). Consistent with bond market …

Bank lending and interest on excess reserves: An empirical investigation

TL Hogan - Journal of Macroeconomics, 2021‏ - Elsevier
This paper econometrically tests for effects on bank lending of the Federal Reserve's policy
of paying interest on excess reserves (IOER). Following the 2008 financial crisis, US banks …

How persistent are unconventional monetary policy effects?

CJ Neely - Journal of International Money and Finance, 2022‏ - Elsevier
The weight of the evidence indicates that unconventional monetary policy (UMP) shocks had
persistent effects on yields. To make this point, this paper illustrates that the most influential …

On the time-varying effects of the ECB's asset purchases

A Zlobins - Empirical Economics, 2024‏ - Springer
This paper (re-) evaluates the effectiveness of central bank asset purchases in the euro area
given their prominent role in the ECB's response to the pandemic as well as the evidence …

Bank lending and interest on excess reserves

TL Hogan - Available at SSRN 3118462, 2018‏ - papers.ssrn.com
This paper analyzes the relationship between bank lending and the Federal Reserve's
policy of paying interest on excess reserves (IOER). We argue that the Fed's IOER policy …

Assessing monetary policies in the Eurozone, US, UK and Japan: new evidence from the post-crisis period

E Salachas, NT Laopodis, GP Kouretas - Applied Economics, 2018‏ - Taylor & Francis
The global financial crisis of 2007 changed the way central banks implement monetary
policies. This article examines the transmission of both conventional and unconventional …

Unconventional Monetary Policy in the USA and in Europe

G Mattia, L Francesco, M Andrea - European Union: Post Crisis …, 2019‏ - Springer
Central banks reacted to the financial crisis through sets of unconventional monetary
policies that encompass the use of market operations, forward guidance and negative …

[PDF][PDF] Intermediate macroeconomics

J Garın, R Lester, E Sims - This Version, 2018‏ - hispafiles.ru
This is a book designed for use in an intermediate macroeconomics course or a masters
level course in macroeconomics. It could also be used by graduate students seeking a …

[PDF][PDF] Analysis of the Relationship between Money Growth and Inflation Using Wavelet Coherency

P Simon - Financial and Economic Review, 2023‏ - en-hitelintezetiszemle.mnb.hu
Regarding the impact of monetary policy, one recurring question is whether there is a clear,
stable relationship between the evolution of money supply and inflation. This is not an easy …

[PDF][PDF] Implementing monetary policy after the 2008 financial crisis

IN Kallianiotis - Archives of Business Research, 2019‏ - academia.edu
Every six weeks or so (9 times during the year), the financial world watches as the Federal
Open Market Committee (FOMC) decides on a target interest rate in the federal funds market …