Publisher
Federal Reserve System: Federal Reserve Bank of St. Louis
Media Date
1-1-2011
Media Type
Document
Content Type
Working Paper
Country/Region
United States
Language
English
Crisis
Global Financial Crisis (2007-2009)
Case Series
The Federal Reserve's Financial Crisis Response
Intervention
Asset Purchase Program
Additional Information
This paper evaluates the effect of the Federal Reserve's large scale asset purchases (LSAP) on international long bond yields and exchange rates, then considers whether the observed behavior is consistent with a simple portfolio balance model and standard exchange rate parity conditions.
Recommended Citation
Neely, Christopher J., "The Large-Scale Asset Purchases Had Large International Effects" (2011). Documents. 1098.
https://elischolar.library.yale.edu/ypfs-documents/1098
COinS