Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10071/17215 |
Resumo: | In 2015, the European Central Bank, decides to involve in unconventional monetary policies in order to reinforce economic and monetary European situation after the 2008’s global crisis. This dissertation aims to show the positive as well as the negative impacts that the policy of quantitative easing has had on the European economy and finance. Since these policies have only recently been introduced in the European Union, the method chosen to measure their impacts is to use historical facts such as the use of these policies in Japan, to use the various academic theories and finally to use ECB financial and economic data. Additionally , the thesis shows what other tools could have been used or could be used in the context of non-conventional policies, but also what are the possible outcomes of these policies and how this could affect the independence of the European Central Bank. |
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Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European UnionEuropean Central BankQuantitative easingMonetary policiesEuropean UnionBanco CentralEquilíbrio financeiroFinanças europeiasUnião EuropeiaIn 2015, the European Central Bank, decides to involve in unconventional monetary policies in order to reinforce economic and monetary European situation after the 2008’s global crisis. This dissertation aims to show the positive as well as the negative impacts that the policy of quantitative easing has had on the European economy and finance. Since these policies have only recently been introduced in the European Union, the method chosen to measure their impacts is to use historical facts such as the use of these policies in Japan, to use the various academic theories and finally to use ECB financial and economic data. Additionally , the thesis shows what other tools could have been used or could be used in the context of non-conventional policies, but also what are the possible outcomes of these policies and how this could affect the independence of the European Central Bank.Em 2015, o Banco Central Europeu, decide envolver políticas monetárias não convencionais para reforçar a situação económica e monetária europeia após a crise global de 2008. Esta dissertação visa mostrar os impactos, positivos e negativos, que a política de flexibilização quantitativa teve na economia e nas finanças europeias. Uma vez que estas políticas foram recentemente introduzidas na União Europeia, o método escolhido é o uso de fatos históricos, como o uso destas políticas no Japão, explicitando as várias teorias académicas e, posteriormente, utilizando dados económicos, em particular do Banco Central Europeu, para medir esses impactos. Finalmente, a tese mostra que outras ferramentas poderiam ter sido usadas ou que podem ser usadas no contexto de políticas não convencionais, mas também quais são os possíveis resultados dessas políticas e como isso poderia afetar a independência do Banco Central Europeu.2019-02-08T15:05:33Z2017-11-22T00:00:00Z2017-11-222017-06info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/17215TID:201762331engDivanach, Anais Marieinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:36:59Zoai:repositorio.iscte-iul.pt:10071/17215Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:16:50.859848Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
title |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
spellingShingle |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union Divanach, Anais Marie European Central Bank Quantitative easing Monetary policies European Union Banco Central Equilíbrio financeiro Finanças europeias União Europeia |
title_short |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
title_full |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
title_fullStr |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
title_full_unstemmed |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
title_sort |
Efficiency of central banks during financial crisis: quantitative easing's economic impact analysis in European Union |
author |
Divanach, Anais Marie |
author_facet |
Divanach, Anais Marie |
author_role |
author |
dc.contributor.author.fl_str_mv |
Divanach, Anais Marie |
dc.subject.por.fl_str_mv |
European Central Bank Quantitative easing Monetary policies European Union Banco Central Equilíbrio financeiro Finanças europeias União Europeia |
topic |
European Central Bank Quantitative easing Monetary policies European Union Banco Central Equilíbrio financeiro Finanças europeias União Europeia |
description |
In 2015, the European Central Bank, decides to involve in unconventional monetary policies in order to reinforce economic and monetary European situation after the 2008’s global crisis. This dissertation aims to show the positive as well as the negative impacts that the policy of quantitative easing has had on the European economy and finance. Since these policies have only recently been introduced in the European Union, the method chosen to measure their impacts is to use historical facts such as the use of these policies in Japan, to use the various academic theories and finally to use ECB financial and economic data. Additionally , the thesis shows what other tools could have been used or could be used in the context of non-conventional policies, but also what are the possible outcomes of these policies and how this could affect the independence of the European Central Bank. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-11-22T00:00:00Z 2017-11-22 2017-06 2019-02-08T15:05:33Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10071/17215 TID:201762331 |
url |
http://hdl.handle.net/10071/17215 |
identifier_str_mv |
TID:201762331 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/octet-stream |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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