全球智库信息集成服务系统(G2TT): DP15449 Fifty Shades of QE: Comparing Findings of Central Bankers and Academics

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP15449
	DP15449 Fifty Shades of QE: Comparing Findings of Central Bankers and Academics
	Brian Fabo; Martina Jancokova; Elisabeth Kempf; Luboš Pástor
发表日期	2020-11-12
出版年	2020
语种	英语
摘要	We compare the findings of central bank researchers and academic economists regarding the macroeconomic effects of quantitative easing (QE). We find that central bank papers find QE to be more effective than academic papers do. Central bank papers report larger effects of QE on output and inflation. They also report QE effects on output that are more significant, both statistically and economically, and they use more positive language in the abstract. Central bank researchers who report larger QE effects on output experience more favorable career outcomes. A survey of central banks reveals substantial involvement of bank management in research production.
主题	Financial Economics ; Monetary Economics and Fluctuations
关键词	Economic research Central bank Quantitative easing Qe Career concerns
URL	https://cepr.org/publications/dp15449-1
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/544445
推荐引用方式 GB/T 7714	Brian Fabo,Martina Jancokova,Elisabeth Kempf,et al. DP15449 Fifty Shades of QE: Comparing Findings of Central Bankers and Academics. 2020.