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...

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Dettagli Bibliografici
Autore principale: Diez de los Rios, Antonio
Altri autori: Shamloo, Maral
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/212
Accesso online:Full text available on IMF