Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.
Unconventional Monetary-Policy Measures - Part 1
The article reviews the contents and purpose of the various unconventional measures from the European Central Bank, the Bank of England, the Bank of Japan and the Federal Reserve. The article then proceeds to describe how these initiatives are assessed to impact the financial markets and the macroeconomy. Finally, on the basis of empirical studies, the article looks at whether these initiatives have had the desired effects.