The role of unconventional monetary policy
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The role of unconventional monetary policyAutoria
Tutor/Supervisor; Universitat.Departament
Orts Ríos, Vicente; Universitat Jaume I. Departament d'EconomiaData de publicació
2020-06-08Editor
Universitat Jaume IResum
In recent years, central banks have used unconventional monetary policies to
overcome the limitations imposed by the lower bound. In this work we review these
measures, with special attention to QE and forward ... [+]
In recent years, central banks have used unconventional monetary policies to
overcome the limitations imposed by the lower bound. In this work we review these
measures, with special attention to QE and forward guidance. These measures are
able to provide a greater stimulus than traditional monetary policies in the face of
short-term interest rate constraints. This means that, despite the fact that they started
out as exceptional and transitory, unconventional monetary policies have become part
of central banks’ standard tools to stimulate economic activity, achieve better financial
conditions and improve economic welfare. [-]
Paraules clau / Matèries
Descripció
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2019-2020
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info:eu-repo/semantics/bachelorThesisDrets d'accés
info:eu-repo/semantics/openAccess
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- Grau en Economia [292]
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