Quantitative Easing's Effect on Shadow Banking: Have Federal Reserve Purchases Caused a Collateral Shortage in the Repurchase Agreement Market?
Since the start of the financial crisis in 2008, the Federal Reserve has been engaging in quantitative easing. Quantitative easing is a form of open market operation in which the Federal Reserve buys long-term U.S. government and other securities, versus traditional open market operations that occur...
| Main Author: | |
|---|---|
| Format: | Others |
| Published: |
Scholarship @ Claremont
2014
|
| Subjects: | |
| Online Access: | http://scholarship.claremont.edu/scripps_theses/423 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1442&context=scripps_theses |