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Board of Governors of the Federal Reserve System (U.S.)
FEDS Notes
Simulating the Macroeconomic Effects of Unconventional Monetary Policies
Hess Chung
Cynthia L. Doniger
Cristina Fuentes-Albero
Bernd Schlusche
Wei Zheng
Abstract

In this note, we describe a method for calculating simulation results and demonstrate the benefits of the integrated model by analyzing a policy that entails an endogenous balance sheet response.


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Hess Chung & Cynthia L. Doniger & Cristina Fuentes-Albero & Bernd Schlusche & Wei Zheng, Simulating the Macroeconomic Effects of Unconventional Monetary Policies, Board of Governors of the Federal Reserve System (U.S.), FEDS Notes 2018-07-20, 20 Jul 2018.
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DOI: 10.17016/2380-7172.2225
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