研究给政策的教训

IF 2.7 3区经济学 Q1 ECONOMICS

Brookings Papers on Economic Activity Pub Date : 2022-09-01 DOI:10.1353/eca.2022.a901801

A. Krishnamurthy

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引用次数: 0

摘要

摘要:本文回顾了过去十年中央银行行为研究的经验教训，并总结了美联储扩大资产负债表(量化宽松)和缩小资产负债表(量化紧缩)的启示。正如我概述的那样，研究中已经有足够的证据表明，美联储可以以何种方式更新其政策正常化原则和计划。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Lessons for Policy from Research

ABSTRACT:I review lessons from the research on central bank actions over the last decade and draw out implications for expanding the Federal Reserve balance sheet (quantitative easing) and shrinking the balance sheet (quantitative tightening). As I outline, there is already enough evidence in the research to indicate the manner in which the Federal Reserve could update its policy normalization principles and plans.

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来源期刊

Brookings Papers on Economic Activity ECONOMICS-

CiteScore

10.10

自引率

0.00%

发文量

期刊介绍： The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. Working drafts of the papers are presented and discussed at conferences typically held twice each year, and the final versions of the papers and comments along with summaries of the general discussions are published in the journal several months later. The views expressed by the authors, discussants and conference participants in BPEA are strictly those of the authors, discussants and conference participants, and not of the Brookings Institution. As an independent think tank, the Brookings Institution does not take institutional positions on any issue.