Quantitative Easing

The Great Central Bank Experiment

Jonathan Ashworth

$172.99

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Agenda Publishing
16 July 2020

Economic growth

Series: Finance Matters

Before the Great Financial Crisis of 2008-09, significant reductions in official interest rates typically proved sufficient to generate sustainable economic recoveries from downturns. However, with economies and financial markets in freefall during the crisis despite a cut in interest rates to effectively zero, policymakers in some advanced economies launched a major new tool called quantitative easing (QE). This involved central banks purchasing huge amounts of financial assets.

This book offers a thorough and perspicacious analysis of QE, which has become a recovery method of last resort. Whilst it was successful in averting another Great Depression and stimulating growth, it remains controversial and continues to promote widespread debate in economics, financial, and political-economy circles. This book is essential reading for anyone wishing to understand central banking in the national economy.

By: Jonathan Ashworth
Imprint: Agenda Publishing
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
ISBN: 9781788212212
ISBN 10: 1788212215
Series: Finance Matters
Pages: 192
Publication Date: 16 July 2020
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Foreword by C. A. E. Goodhart1. Monetary policymaking since the end of Bretton Woods2. Key monetary policy trends and events before the Great Financial Crisis3. The Great Financial Crisis and quantitative easing4. How quantitative easing works5. Measuring the effectiveness and impact of quantitative easing6. International spillovers of quantitative easing7. Criticisms and negative externalities of quantitative easing8. Exiting quantitative easing and policies for the next slowdown

"Jonathan Ashworth is an independent economist. He has worked as an economist at Morgan Stanley and Barclays Wealth and his work has been widely cited in the media including The Economist, The Financial Times and The Wall Street Journal. He has also worked as an economist in the productivity and structural reform team at HM Treasury, where he did work on the famous ""Five Tests"" for whether Britain should join the euro."

Reviews for Quantitative Easing: The Great Central Bank Experiment

A thorough and comprehensive analysis of the history and effects of quantitative easing. A comprehensive and detailed analysis of what is, in terms of central banking history, still a relatively new tool in the policymaker's box. Everything you have learned and experienced over the last decade (and forgotten) on the subject of QE is covered, in detail, in this book ... I would encourage you to pick it up to refresh yourself on the details of how and why we got to where we are today ... the author manages to provide the reader with a complete and interesting overview of one of the most important topics in our time.