For years, critics of Quantitative Easing (QE) have argued that it would eventually lead to runaway inflation, with central banks “printing money” and flooding financial markets. With today’s high ...

This paper tests whether Japan's key macro policy multipliers have declined since 2013, the year that Japan introduced Qualitative and Quantitative Easing. We use the augmented Blanchard-Perotti ...

The European Central Bank on Thursday announced plans to end quantitative easing by December. The central bank has undertaken an unprecedented program of stimulus since the eurozone debt crisis.