Afternoon Must-Read: Martin Weale and Tomasz Wieladek: Macroeconomic Effects of Asset Purchases
Martin Weale and Tomasz Wieladek: Macroeconomic Effects of Asset Purchases: “[Over] 2009M3 to 2014M5… …an asset purchase announcement of 1% of [annual] GDP leads to a statistically significant rise of .58% (.25%) and .62% (.32%) rise in real GDP and CPI for the US (UK). In the US, this policy is transmitted through the portfolio … Continue reading Afternoon Must-Read: Martin Weale and Tomasz Wieladek: Macroeconomic Effects of Asset Purchases
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