11-001/2 - When is Quantitative Easing effective?

• Authors
  Markus Hoermann, TU Dortmund University; Andreas Schabert, University of Amsterdam, and TU Dortmund University
• Publication date
  January 4, 2011

• Keywords
  Monetary policy, collateralized lending, quantitative easing, credit easing, liquidity premium, zero lower bound
• JEL
  E4, E5, E32