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"As the 2008 financial crisis ravaged economies, central banks feared a return to the 1930s. To prevent this, they created trillions of dollars of new money, and poured it into financial markets. Quantitative Easing (QE) was supposed to prevent deflation and restore economic growth. But the money didnt go to the people who had lost their jobs and their homes. It went to the rich, who didnt need it. It went to big corporations, who used it to buy back their own shares and pay their executives big salaries. And it went to banks the same banks whose reckless lending had nearly broken the economy. There wasnt a repeat of the Great Depression, but there certainly wasnt a recovery. Instead, there was a decade of stagnation. Its clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE. Instead of buying assets, central banks should give money directly to ordinary people and small businesses. QE for the People is the fairest and most effective way of restoring crisis-hit economies and helping to solve the long-term challenges of ageing populations, automation and climate change"-- "As the 2008 financial crisis ravaged economies, central banks turned to quantitative easing to prevent a return to the 1930s. There wasn't a repeat of the Great Depression, but there certainly wasn't a recovery. Instead, there was a decade of stagnation. It's clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE"--

E-books --- Economic policy and planning (general) --- Quantitative easing (Monetary policy) --- Economic policy --- Quantitative Easing (QE) --- Financieel advies --- Financiële crisis --- 336 --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- QE (Monetary policy) --- Queasing (Monetary policy) --- Banks and banking, Central --- Monetary policy

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This paper analyzes market reactions to the 2013–14 Fed announcements relating to tapering of asset purchases and their relationship to macroeconomic fundamentals and country economic and financial structures. The study uses daily data on exchange rates, government bond yields, and stock prices for 21 emerging markets. It finds evidence of markets differentiating across countries around volatile episodes. Countries with stronger macroeconomic fundamentals, deeper financial markets, and a tighter macroprudential policy stance in the run-up to the tapering announcements experienced smaller currency depreciations and smaller increases in government bond yields. At the same time, there was less differentiation in the behavior of stock prices based on fundamentals.

Quantitative easing (Monetary policy) --- Stocks --- Bonds --- Government securities --- Foreign exchange rates --- Monetary policy --- Government agency securities --- Government bonds --- Public securities --- Treasuries (Securities) --- Treasury bonds --- Debts, Public --- Securities --- Bond issues --- Debentures --- Negotiable instruments --- Common shares --- Common stocks --- Equities --- Equity capital --- Equity financing --- Shares of stock --- Stock issues --- Stock offerings --- Stock trading --- Trading, Stock --- Corporations --- Going public (Securities) --- Stock repurchasing --- Stockholders --- QE (Monetary policy) --- Queasing (Monetary policy) --- Banks and banking, Central --- Prices --- Exports and Imports --- Finance: General --- Foreign Exchange --- Investments: Bonds --- Open Economy Macroeconomics --- International Policy Coordination and Transmission --- General Financial Markets: General (includes Measurement and Data) --- International Investment --- Long-term Capital Movements --- Finance --- Currency --- Foreign exchange --- International economics --- Investment & securities --- Exchange rates --- Capital flows --- Bond yields --- Financial integration --- Stock markets --- Financial institutions --- Balance of payments --- Financial markets --- Capital movements --- International finance --- Stock exchanges --- China, People's Republic of

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Portfolio rebalancing is a key transmission channel of quantitative easing in Japan. We construct a realistic rebalancing scenario, which suggests that the BoJ may need to taper its JGB purchases in 2017 or 2018, given collateral needs of banks, asset-liability management constraints of insurers, and announced asset allocation targets of major pension funds. Nonetheless, the BoJ could deliver continued monetary stimulus by extending the maturity of its JGB purchases or by scaling up private asset purchases. We quantify the impact of rebalancing on capital outflows and discuss JGB market signals that can be indicative of limits being within reach.

Portfolio management --- Quantitative easing (Monetary policy) --- Asset-liability management --- Asset-liability management (Banking) --- Funds management --- Financial institutions --- QE (Monetary policy) --- Queasing (Monetary policy) --- Banks and banking, Central --- Monetary policy --- Investment management --- Investment analysis --- Investments --- Securities --- Management --- Banks and Banking --- Money and Monetary Policy --- Public Finance --- Industries: Financial Services --- Investments: General --- Current Account Adjustment --- Short-term Capital Movements --- Portfolio Choice --- Investment Decisions --- International Financial Markets --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Social Security and Public Pensions --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Monetary Policy --- General Financial Markets: General (includes Measurement and Data) --- Banking --- Pensions --- Monetary economics --- Finance --- Investment & securities --- Pension spending --- Insurance companies --- Bank credit --- Unconventional monetary policies --- Expenditure --- Money --- Banks and banking --- Credit --- Financial instruments --- Japan