Three Essays on Unconventional Monetary Policy at the Zero Lower Bound

In the first chapter “Impact of Quantitative Easing at the Zero Lower Bound (with J. Dorich, R. Mendes)”, we introduce imperfect asset substitution and segmented asset markets, along the lines of Andres et al. (2004), in an otherwise standard small open-economy model with nominal rigidities. We esti...

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Bibliographic Details
Main Author: Zhang, Yang
Language:en
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10393/30248