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Quantitative Easing and the Price-Liquidity Trade-Off
16 references·2 citing·47 second hop
Quantitative Easing and the Price-Liquidity Trade-Off (2017)Quantitative Easing and the Price-Liquidi…Does Quantitative Easing Affect Market Liquidity? (2017)Does Quantitative Easing Affe…Safe Asset Scarcity and Aggregate Demand (2016)Safe Asset Scarcity and Aggre…Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices. (2016)Quantitative Easing in the Eu…Asset Purchase Programmes and Financial Markets: Lessons from the Euro Area (2016)Asset Purchase Programmes and…Using Changes in Auction Maturity Sectors to Help Identify the Impact of QE on Gilt Yields (2014)Using Changes in Auction Matu…The Safety Trap (2014)The Safety TrapThe Signaling Channel for Federal Reserve Bond Purchases (2013)The Signaling Channel for Fed…Government Bonds and their Investors (2012)Government Bonds and their In…Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply (2012)Flow and stock effects of lar…The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy (2011)The Effects of Quantitative E…The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment (2011)The Effectiveness of Alternat…Large-Scale Asset Purchases by the Federal Reserve: Did They Work? (2011)Large-Scale Asset Purchases b…Market Liquidity and Funding Liquidity (2008)Market Liquidity and Funding …Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium (2004)Tobin's Imperfect Asset Subst…Over-the-Counter Markets (2004)Over-the-Counter MarketsA Theory of the Term Structure of Interest Rates (1985)A Theory of the Term Structur…The Impact of Corporate QE on Liquidity: Evidence from the UK (2022)The Impact of Corporate QE on…Quantitative Easing and Preferred Habitat Investors in the Euro Area Bond Market (2018)Quantitative Easing and Prefe…It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)The Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Demand-Based Option Pricing (2005)The U.S. Treasury yield curve: 1961 to the present (2007)Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2013)Bond Supply and Excess Bond Returns (2014)Capital flows to emerging market economies: A brave new world? (2014)The Bargaining Problem (1950)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Liquidity and Asset Prices (2006)Corporate bond liquidity before and after the onset of the subprime crisis (2011)The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response (2013)Neglected risks, financial innovation, and financial fragility (2011)The International Monetary and Financial System (2019)Financial Regulation in a Quantitative Model of the Modern Banking System (2021)Essays in International Finance (2024)The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases (2012)Can the Provision of Long-Term Liquidity Help to Avoid a Credit Crunch? Evidence from the Eurosystem’s LTRO (2018)A capital structure channel of monetary policy (2019)Mending the broken link: Heterogeneous bank lending rates and monetary policy pass-through (2019)Optimum consumption and portfolio rules in a continuous-time model (1971)An equilibrium characterization of the term structure (1977)Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims Valuation (1992)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Dynamic Asset Pricing Theory. (1993)Theory of rational option pricing (2005)A Preferred-Habitat Model of the Term Structure of Interest Rates (2009)The Aggregate Demand for Treasury Debt (2012)Intermediary Asset Pricing (2013)Credit Rationing in Markets with Imperfect Information (1981)Bank Runs, Deposit Insurance, and Liquidity (1983)Liquidity and leverage (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)PORTFOLIO SELECTION* (1952)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)A General Equilibrium Approach To Monetary Theory (1969)Unconventional monetary policy had large international effects (2014)A Comparative‐Advantage Approach to Government Debt Maturity (2015)On the International Spillovers of US Quantitative Easing (2016)Small-sample Confidence Intervals for Impulse Response Functions (1998)The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy (2011)The Federal Reserve's Large‐scale Asset Purchase Programmes: Rationale and Effects (2012)International channels of the Fed's unconventional monetary policy (2014)Evaluating the impact of unconventional monetary policy measures: Empirical evidence from the ECB׳s Securities Markets Programme (2015)
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References

  • 1985A Theory of the Term Structure of Interest Rates8,333 cited
  • 2008Market Liquidity and Funding Liquidity5,007 cited
  • 2004Over-the-Counter Markets1,199 cited
  • 2011The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment671 cited
  • 2012Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply655 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy413 cited
  • 2011Large-Scale Asset Purchases by the Federal Reserve: Did They Work?402 cited
  • 2013The Signaling Channel for Federal Reserve Bond Purchases315 cited
  • 2016Asset Purchase Programmes and Financial Markets: Lessons from the Euro Area208 cited
  • 2016Safe Asset Scarcity and Aggregate Demand149 cited
  • 2014The Safety Trap121 cited
  • 2012Government Bonds and their Investors90 cited
  • 2004Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium87 cited
  • 2014Using Changes in Auction Maturity Sectors to Help Identify the Impact of QE on Gilt Yields59 cited
  • 2016Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices.

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50 cited
  • 2017Does Quantitative Easing Affect Market Liquidity?43 cited
  • Cited by

    • 2022The Impact of Corporate QE on Liquidity: Evidence from the UK13 cited
    • 2018Quantitative Easing and Preferred Habitat Investors in the Euro Area Bond Market11 cited