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Do Central Bank Private Asset Purchases Actually Encourage Real Investment?
Infographic Instant with Bryane Michael
6 minutes 54 seconds
8 years ago
Do Central Bank Private Asset Purchases Actually Encourage Real Investment?
Econometric evidence shows a pretty clear line between central bank unconventional monetary policy (outright purchases) and output - usually because of its effects via money policy mechanisms. What about its effects on real investment (like in DNA sequencers, 3D printers, IP patents and "real" investment)? For more, see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3023795
