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Perils of Quantitative Easing
McMahon, Michael
;
Peiris, Udara
;
Polemarchakis, Herakles
2015
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Abstract
Quantitative easing compromises the control of the central bank over the stochastic path of inflation.
Details
Title
Perils of Quantitative Easing
Keywords
Quantitative easing
;
credit easing
;
inflation
Author(s)
McMahon, Michael
Peiris, Udara
Polemarchakis, Herakles
Subject(s)
Financial Economics
Issue Date
Dec 12 2015
Publication Type
Working or Discussion Paper
DOI and Other Identifiers
10.22004/ag.econ.270005
Record Identifier
https://ageconsearch.umn.edu/record/270005
Language
English
Total Pages
21
JEL Codes
D50
E31
E52
Series Statement
WERP 1089
Record Appears in
University of Warwick - Department of Economics
>
Economic Research Papers
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