What is qualitative easing?
Federal Reserve Bank in Richmond
This website is dedicated to the concept of qualitative easing. Qualitative easing is a central bank policy that reduces the average quality of assets backing a central bank´s liabilites.
Qualitative easing has started to receive wide press as a consequence of the financial crisis and the responses of the Federal Reserve and the European Central Bank even though the main focus unwarrantly is on quantitative easing.
On this site a provide a description of what qualitative easing really is. Moreover, I provide an overview of several scholarly article on the qualitative easing of the FED and the ECB. I hope to encourage other to investigate theoretically and empirically qualitative easing.
My homepage with my work on other subjects may be found here.
Qualitative easing has started to receive wide press as a consequence of the financial crisis and the responses of the Federal Reserve and the European Central Bank even though the main focus unwarrantly is on quantitative easing.
On this site a provide a description of what qualitative easing really is. Moreover, I provide an overview of several scholarly article on the qualitative easing of the FED and the ECB. I hope to encourage other to investigate theoretically and empirically qualitative easing.
My homepage with my work on other subjects may be found here.
