Bank of Japan Equity Purchases: The (Non-)Effects of Extreme Quantitative Easing
收藏NBER2019-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25525
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资源简介:
From January 2011 through March 2018, the Bank of Japan purchased equity index ETFs worth about 3.5% of GDP. Identification of the effect of central bank ETF purchases on stock valuations and corporate responses is via differently-weighted and changing stock indices. BOJ purchases lift valuations,
提供机构:
美国国家经济研究局
创建时间:
2019-02-01



