Scarcity Effects of Quantitative Easing on Market Liquidity : Evidence from the Japanese Government Bond Market /
Quantitative easing could improve market liquidity through many channels such as relaxing bank funding constraints, increasing risk appetite, and facilitating trades. However, it can also reduce market liquidity when the increase in the central bank's holdings of certain securities leads to a s...
| मुख्य लेखक: | |
|---|---|
| अन्य लेखक: | |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2018.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2018/096 |
| ऑनलाइन पहुंच: | Full text available on IMF |