The role of unconventional monetary policy
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Título
The role of unconventional monetary policyAutoría
Tutor/Supervisor; Universidad.Departamento
Orts Ríos, Vicente; Universitat Jaume I. Departament d'EconomiaFecha de publicación
2020-06-08Editor
Universitat Jaume IResumen
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. [-]
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Descripción
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2019-2020
Tipo de documento
info:eu-repo/semantics/bachelorThesisDerechos de acceso
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- Grau en Economia [292]
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