Quantitative easing and tightening : lessons after the financial crisis / edited by Francis Breedon

Format:

Book

Contributor:

Breedon, F. J. (Francis J.), editor.

Series:

Macroeconomic policy making.

Macroeconomic policy making

Language:

English

Subjects (All):

Quantitative easing (Monetary policy).

Macroeconomics.

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource

Place of Publication:

Cambridge : Cambridge University Press, 2026

Summary:

"Quantitative easing (QE) is a relatively new form of monetary policy whereby a central bank buys up government bonds and other financial assets to stimulate economic activity. It came to prominence in the aftermath of the Global Financial Crisis of 2007-11 when standard monetary policy tools were unavailable to central banks due to low inflation levels. Quantitative tightening (QT) is the opposite whereby central banks sell off bonds and assets to reduce the size of their balance sheets. Quantitative Easing and Tightening brings together leading academics and practitioners to assess the legacy of quantitative easing and look at where new quantitative tightening measures may take us. It examines three of the most important actors in the QE/QT story: the Bank of England, the European Central Bank and the US Federal Reserve to provide an overview of the effectiveness, governance, and fiscal costs of quantitative easing and tightening"-- Cambridge Core

Contents:

QE at the Bank of England / Filippo Busetto, Matthieu Chavaz, Maren Froemel, Michael Joyce, Iryna Kaminska, and Jack Worlidge

US experience of QE and QT / Nina Boyarchenko and Or Shachar

Measuring and modelling the effects of QE and QT in VAR models / Tomasz Wieladek

The Old Lady’s QE story : the evolving view of the transmission mechanism of QE at the BoE / Richard Barwell

The effects of quantitative tightening on financial markets : a comparison with quantitative easing / Simon Lloyd, Daniel Ostry, and Filippo Busetto

Quantitative tightening : how fast and how far / Tim Young

Fiscal channels of QE and QT in the United Kingdom / Jack Meaning

The parable of the fiscal-military state : the Napoleonic Bank of England / Jagjit Chadha

Post-crisis monetary policy in Britain and its governance / William Allen

Notes:

Includes bibliographical references and index

Online resource; title from PDF title page (Cambridge Core, viewed May 26, 2026)

Other Format:

Print version: Quantitative easing and tightening

ISBN:

9781009742306

1009742302

OCLC:

1591603978

Publisher Number:

CIPO000377241

Access Restriction:

Restricted for use by site license