Browsing Administrative Staff Authors (Scholarly Publications) by Subject "bank lending"
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Fed QE and lending behaviour: a heterogeneity analysis of asset purchases
(Working Paper Series 428, Sveriges Riksbank (Central Bank of Sweden), 2023)Though unconventional monetary policy is still new, already there is a conventional wisdom that the impact of monetary policy is related to the composition of the asset mix. This turns out to be incomplete and potentially ... -
The impact of quantitative easing on liquidity creation
(2021)We study the effects of the US Federal Reserve’s large-scale asset purchase programs during 2008–2014 on bank liquidity creation. Banks create liquidity when they transform the liquid reserves resulted from quantitative ...