Unit:
Κατεύθυνση Οικονομική Πολιτική και ΑνάπτυξηLibrary of the Faculty of Economics and of the Faculty of Business Administration
Author:
Zapatinas Charalampos
Supervisors info:
Παναγιώτης Ε. Πετράκης, Καθηγητής, Τμήμα Οικονομικών Επιστημών, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών
Original Title:
Τα πραγματικά αποτελέσματα των μη συμβατικών νομισματικών πολιτικών που εφαρμόστηκαν στις Ηνωμένες Πολιτείες Αμερικής, στην Ιαπωνία, στο Ηνωμένο Βασίλειο και στην Ευρωπαϊκή Νομισματική Ένωση μετά τη Μεγάλη Κρίση του 2008
Translated title:
The real effects of unconventional monetary policy that were implemented in the United States of America, in Japan, in the United Kingdom and in the European Monetary Union in the aftermath of the Great Recession
Summary:
This research investigates the real effects of programs of unconventional monetary policy that were implemented in the USA, in the UK, in Japan and recently in the Euroarea. By using a VECM for the period 31/11/2008 – 31/12/2015, we come to the conclusion that programs had limited effects in the real economy but visible results on the economies which are not based on the banking system (market-based economies). This limited effect is interpreted by many factor such as the demographic composition of populations, the balance sheet recession and the spillover effect.
Main subject category:
Economics
Keywords:
Unconventional Monetary Policy, Zero Lower Bound, Real Economy
File:
File access is restricted only to the intranet of UoA.
Διπλωματική Εργασία - Ζαπατίνας Χαράλαμπος.pdf
2 MB
File access is restricted only to the intranet of UoA.
