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...
| Κύριος συγγραφέας: | |
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| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 2018/096 |
| Διαθέσιμο Online: | Full text available on IMF |