Quantitative Easing and Long-Term Yields in Small Open Economies /

We compare the effectiveness of Federal Reserve's asset purchase programs in lowering longterm yields with that of similar programs implemented by the Bank of England, the Swedish Riksbank, and the Swiss National Bank's reserve expansion program. We decompose government bond yields into (i...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Diez de los Rios, Antonio
Weitere Verfasser: Shamloo, Maral
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/212
Online Zugang:Full text available on IMF