Hidden Bibliographic Details
Other authors / contributors: | Loukoianova, Elena, (IMFstaff), author.
International Monetary Fund. Statistics Department.
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ISBN: | 1513589849 9781513589848 9781513589848 1616359617 9781616359614 1513519581 9781513519586
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Notes: | "December 2015." "Statistics Department." Includes bibliographical references (pages 43-48). Online resource; title from pdf title page (IMF.org Web site, viewed January 4, 2016).
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Summary: | The paper examines the impact of unconventional monetary policy measures (UMPMs) implemented since 2008 in the United States, the United Kingdom, Euro area and Japan--- the Systemic Four---on global monetary and liquidity conditions. Overall, the results show positive significant relationships. However, there are differences in the impact of the UMPMs of individual S4 countries on these conditions in other countries. UMPMs of the Bank of Japan have positive association with global liquidity but negative association with securities issuance. The quantitative easing (QE) of the Bank of England has the opposite association. Results for the quantitative easing measures of the United States Federal Reserve System (U.S. Fed) and the ECB UMPMs are more mixed.--Abstract.
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Other form: | Print Version: Korniyenko, Yevgeniya. Impact of Unconventional Monetary Policy Measures by the Systemic Four on Global Liquidity and Monetary Conditions. Washington, D.C. : International Monetary Fund, 2015 9781513589848
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Standard no.: | 10.5089/9781513589848.001
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