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  • ECB unconventional monetary policy and SME access to finance 

    Kapoor, Supriya (2023)
    Small- and medium-sized enterprises (SMEs) account for two-thirds of employment in the euro area which makes them a priority for the transmission of monetary policy to the real economy. SMEs in Europe experienced a credit ...
  • Fed QE and lending behaviour: a heterogeneity analysis of asset purchases 

    Kapoor, Supriya; Grimaldi, Marianna Blix (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 

    Kapoor, Supriya; Oana, Peia (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 ...