QE

Publication date: 31 Mar 2017 | Publication type: Policy Paper | Theme: Macroeconomics | Authors: Armstrong, A | Report number: 3
This is the third in our our new Policy Paper series, written by members of the National Institute of Economic and Social Research to specifically address a public policy issue. These may be evidence submitted to a public or parliamentary enquiry or policy research commissioned by a third party...
Publication date: 31 Mar 2017 | Publication type: Policy Paper | Theme: Macroeconomics | Authors: Farmer, R | Report number: 2
UK monetary policy, following the 2008 recession, was effective at preventing the crisis from having a bigger effect than it otherwise might have done. As a result of experimenting with quantitative easing (an expansion in the Bank’s balance sheet) and qualitative easing (a change in the risk...