QE in the future: the central bank's balance sheet in a
fiscal crisis NBER (2016-07-19)
Analysis of quantitative
easing (QE) typically focus on the recent past studying the policy's
effectiveness during a financial crisis when nominal interest rates are zero.
This paper examines instead the usefulness of QE in a futu .. more |
Currency Wars, Coordination, and Capital Controls PIIE
(2016-07-18)
The strong monetary policy actions undertaken by advanced
economies' central banks have led to complaints of "currency wars" by some
emerging-market economies and to widespread demands for more macroeconomic
policy coordination. T .. more |
Bank Capital Regulations around the World: What Explains the
Differences? FRB (2016-07-18)
Despite the extensive attention that
the Basel capital adequacy standards have received internationally, significant
variation exists in the implementation of these standards across countries.
Furthermore, a significant number of .. more |