Unconventional monetary policies and the macroeconomy: the impact of the UK's QE2 and funding for lending scheme

Autor: George Kapetanios, Konstantinos Theodoridis, Rohan Churm, Michael Joyce

Publikováno v: Churm, R, Joyce, M, Kapetanios, G & Theodoridis, K 2018, ' Unconventional Monetary Policies and the Macroeconomy : The Impact of the UK's QE2 and Funding for Lending Scheme ', QUARTERLY REVIEW OF ECONOMICS AND FINANCE . https://doi.org/10.1016/j.qref.2018.10.004

In this paper we assess the macroeconomic effects of two of the flagship unconventional monetary policies used by the Bank of England during the later stages of the global economic crisis: additional Quantitative Easing (QE) and the introduction of t

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::19683adf831e1697d261eaba060864ce
https://orca.cardiff.ac.uk/id/eprint/116167/1/PaperDraft_170918.pdf

QE and the Bank Lending Channel in the United Kingdom

Autor: Nicholas Butt, Rohan Churm, Michael F. McMahon, Arpad Morotz, Jochen F. Schanz

Publikováno v: SSRN Electronic Journal.

We test whether quantitative easing (QE) provided a boost to bank lending in the United Kingdom, in addition to the effects on asset prices, demand and inflation focused on in most other studies. Using a data set available to researchers at the Bank,

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fd2d7cd9015c80c32258596e1417398c
https://doi.org/10.2139/ssrn.2498562