Unconventional monetary policies of major central banks: an analysis of effects and effectiveness

Terzariol, Nicola Giovanni (A.A. 2022/2023) Unconventional monetary policies of major central banks: an analysis of effects and effectiveness. Tesi di Laurea in Macroeconomics, Luiss Guido Carli, relatore Francesco Lippi, pp. 54. [Bachelor's Degree Thesis]

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Abstract/Index

Forward guidance. What is forward guidance? Types of forward guidance. Rationale behind forward guidance. Goals of forward guidance. Effectiveness of forward guidance. Market for reserves. How do centrals banks target interest rates? How do tools of monetary policy affect the overnight interest rate? Trasmission mechanism of monetary policy. Interest rate channels. Other asset-price channels. Credit channels. Quantitative easing. What is quantitative easing? Quantitative tightening. Central banks' balance sheets composition. Risks. Quantitative easing effects and transmission channels. Negative interest rate policy. NIRP effects, effectiveness and trasmission channels.

References

Bibliografia: pp. 50-52. Sitografia: p. 53.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Macroeconomics
Thesis Supervisor: Lippi, Francesco
Academic Year: 2022/2023
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 30 Oct 2023 14:25
Last Modified: 30 Oct 2023 14:25
URI: https://tesi.luiss.it/id/eprint/36781

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