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http://dspace.lib.uom.gr/handle/2159/15492
Author: | Κραγιόπουλος, Περικλής |
Title: | Unconventional monetary policy: an application to the Eurozone. |
Date Issued: | 2013 |
Department: | Διατμηματικό Πρόγραμμα Μεταπτυχιακών Σπουδών στην Οικονομική Επιστήμη |
Supervisor: | Κωνσταντίνου, Παναγιώτης |
Abstract: | This thesis examines the theoretical underpinnings of unconventional monetary policy and the challenges central banks face when they have to employ unconventional monetary policy measures in practice. The theoretical and empirical justification behind unconventional monetary policy is laid out, as well as an overview of recent unconventional monetary policy measures undertaken by central banks around the world, with an emphasis on the European Central Bank and the Federal Reserve. A Dynamic Stochastic General Equilibrium model is used to assess the implications of financial turmoil and unconventional monetary policy for the central bank of a currency union. |
Keywords: | Unconventional monetary policy Eurozone Dynamic stochastic general equilibirum European Central Bank The Federal Reserve Financial crisis |
Information: | Διπλωματική εργασία--Πανεπιστήμιο Μακεδονίας, Θεσσαλονίκη, 2013. |
Appears in Collections: | ΔΠΜΣ Οικονομική Επιστήμη (M) |
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File | Description | Size | Format | |
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KragiopoulosPeriklisMsc2013.pdf | 783.35 kB | Adobe PDF | View/Open |
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