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...

Полное описание

Библиографические подробности
Главный автор: Diez de los Rios, Antonio
Другие авторы: Shamloo, Maral
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/212
Online-ссылка:Full text available on IMF