Thesis
Essays on unconventional monetary policy and long-term government debt
- Abstract:
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This thesis studies the optimal conduct of unconventional monetary policy in the form of purchases of long-term government debt by the central bank and, motivated by this policy tool, the evolution of long-term government debt holdings in household portfolios over the course of the life cycle. It is comprised of three self-contained chapters.
The first chapter investigates whether it can be beneficial for central banks to use the unconventional tool even when the main policy rate i...
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Funding
Bibliographic Details
- Publication date:
- 2014
- Type of award:
- DPhil
- Level of award:
- Doctoral
- Awarding institution:
- Oxford University, UK
Item Description
- Language:
- English
- Keywords:
- Subjects:
- UUID:
-
uuid:7b01cae9-95d2-4973-805d-c79ffce22261
- Local pid:
- ora:11502
- Deposit date:
- 2015-05-28
Terms of use
- Copyright holder:
- Andreas Tischbirek
- Copyright date:
- 2014
- Notes:
- This thesis is not currently available on ORA.
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