Overview
- Analyses the impact of quantitative easing on interest rates and the economy of the US, Japan, UK and Europe
- Demonstrates that the Federal Reserve and Bank of England, focusing primarily on bond purchases, have been more effective in lowering interest rates than the Bank of Japan and the European Central Bank
- Uses large Bayesian vector autoregression (BVAR) models to analyze the impact of quantitative easing on the wider economy
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
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Table of contents (6 chapters)
Keywords
About this book
Authors and Affiliations
About the authors
Kjell Hausken has been Professor of Economics and Societal Safety at the University of Stavanger, Norway since 1999. His research fields are strategic interaction, risk analysis, public choice, conflict, game theory, terrorism, information security, economic risk management. He holds a PhD from the University of Chicago (1990–1994), was a Postdoc at the Max Planck Institute (Cologne) 1995–1998, and a Visiting Scholar at Yale University 1989–1990. He has published 180 articles, is on the Editorial Board for Reliability Engineering & System safety, Theory and Decision, and Defence and Peace Economics, has refereed for 60 journals, and advises and has advised six PhD students.
Professor Mthuli Ncube is Chief Economist at the African Development Bank (AfDB), and holds a PhD in Mathematical Finance from Cambridge University, UK. He is responsible for economic research, strategic economic direction and thinking within the AfDB, based on the pillars of thought-leadership, knowledge generation, knowledge dissemination and knowledge transfer. Previously, he held the post of Dean of the Faculty of Commerce, Law and Management at the University of Witwatersrand, Johannesburg, South Africa, Director/Head of School and Professor of Finance at Wits Business School, and Lecturer in Finance at the London School of Economics. He has published widely in the area of finance and economics.
Bibliographic Information
Book Title: Quantitative Easing and Its Impact in the US, Japan, the UK and Europe
Authors: Kjell Hausken, Mthuli Ncube
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-1-4614-9646-5
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: The Author(s) 2013
Softcover ISBN: 978-1-4614-9645-8Published: 06 December 2013
eBook ISBN: 978-1-4614-9646-5Published: 06 December 2013
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: X, 123
Number of Illustrations: 16 b/w illustrations, 8 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Growth, Economic Policy