Stefan Hohberger - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:26:06+00:00The Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE Model
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-11/
This paper estimates an open-economy dynamic stochastic general equilibrium model with Bayesian techniques to analyse the macroeconomic effects of the European Central Bank’s (ECB’s) quantitative easing (QE) programme. Using data on government debt stocks and yields across maturities, we identify the parameter governing portfolio adjustment in the private sector.2018-03-09T11:35:21+00:00enThe Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE Model2018-03-09Economic modelsInterest ratesMonetary policy transmissionStaff Working Paper 2018-11https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-11.pdfThe Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE ModelStefan HohbergerRomanos PriftisLukas VogelMarch 2018EE4E44E5E52FF4F41