Jonathan Ashworth: Quantitative Easing

Cover: 9781788212229 | Quantitative Easing | The Great Central Bank Experiment | Ashworth

Dekorationsartikel gehören nicht zum Leistungsumfang.

Sprache: Englisch

43,95 €*

inkl. MwSt.

Versandkostenfrei per Post / DHL

Lieferzeit 1-2 Wochen

Kategorien:

Der Artikel ist nicht in deutscher Sprache verfasst.
Die Sprache der Produktbeschreibung und Details kann in Englisch angegeben sein. Sollten Sie Verständnisprobleme haben, wenden Sie sich gerne an uns.

Beschreibung

Before the Great Financial Crisis of 2008-09, significant reductions in official interest rates in developed economies, often alongside fiscal stimulus, typically proved sufficient to generate sustainable economic recoveries from downturns. The exception was Japan, whom despite rock bottom interest rates and fiscal stimulus, experienced a "lost decade" of growth and deflation after the bursting of its massive real estate and stock market bubbles in 1989. In 2001 the Bank of Japan embarked on a new policy, which switched from targeting the price of money (interest rates) to the quantity of reserves it held - quantitative easing (QE). This book offers a thorough and perspicacious analysis of QE, what has become a recovery method of last resort, and will be essential reading for anyone wanting to understand central banking's role in the national economy. The crisis of 2008-09 pushed policy-makers in a number of developed economies to embark on large programmes of QE that were implemented intermittently over several years. Whilst it was successful in stimulating growth, it remains controversial and continues to promote widespread debate in economics, financial and political economy circles. Not least because, with interest rates still at, or close to, the zero-bound in most countries and the economic expansions in some countries now becoming relatively mature, it is likely to be a key tool when the next major slowdown emerges. --

Über den Autor

Jonathan Ashworth is an independent economist. He has previously worked as an economist at Morgan Stanley, Barclays and for the UK Treasury.

Details

Erscheinungsjahr:	2020
Fachbereich:	Volkswirtschaft
Genre:	Importe , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Taschenbuch
Inhalt:	Kartoniert / Broschiert
ISBN-13:	9781788212229
ISBN-10:	1788212223
Sprache:	Englisch
Einband:	Kartoniert / Broschiert
Autor:	Ashworth, Jonathan
Hersteller:	Agenda Publishing
Verantwortliche Person für die EU:	Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße:	157 x 233 x 16 mm
Von/Mit:	Jonathan Ashworth
Erscheinungsdatum:	16.07.2020
Gewicht:	0,318 kg

Artikel-ID: 121248955

Über den Autor

Jonathan Ashworth is an independent economist. He has previously worked as an economist at Morgan Stanley, Barclays and for the UK Treasury.

Details

Erscheinungsjahr:	2020
Fachbereich:	Volkswirtschaft
Genre:	Importe , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Taschenbuch
Inhalt:	Kartoniert / Broschiert
ISBN-13:	9781788212229
ISBN-10:	1788212223
Sprache:	Englisch
Einband:	Kartoniert / Broschiert
Autor:	Ashworth, Jonathan
Hersteller:	Agenda Publishing
Verantwortliche Person für die EU:	Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße:	157 x 233 x 16 mm
Von/Mit:	Jonathan Ashworth
Erscheinungsdatum:	16.07.2020
Gewicht:	0,318 kg