Since the financial crisis of 2008-09, central bankers around the world have been forced to abandon conventional monetary policy tools in favour of unconvention

The Inaugural Camdessus Central Banking Lecture

We study the impact of the US quantitative easing (QE) on both the emerging and advanced economies, estimating a global vector error-correction model (GVECM) an

This book, Innovative Federal Policies During the Great Financial Crisis, contains discussions of unconventional monetary policies, policy changes to address sy

This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional ins