Kreacja pieniądza kredytowego w warunkach polityki luzowania ilościowegobanków centralnych

• Authors: Irena Pyka
• Languages of publication: PL

Abstracts

PL

The study aims at identification of causes why QE had low impact on the growthof credit money supply in the United States and euro area. The identification ofcauses is supported by analysis of the asset purchase programs implemented byFed and ECB. The differences in the policies are considered the main cause oflower growth of lending in the euro area compared to the US.

Keywords

PL

quantitative easing, asset purchase programs, Q1, Q2, Q3, CBPP, SMP,OMT, monetary base, reserve money, credit money, quantity of money in circulation

• Publisher: Szkoła Główna Handlowa w Warszawie
• Journal: Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace
• Year: 2015
• Volume: 3
• Issue: 1
• Pages: 75-88

Dates

published

2015-12-12

Contributors

author

Irena Pyka

Identifiers

DOI

10.33119/KKESSiP.2015.1.3.5