<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This scientific paper examines the relationship between macroeconomic variables whose performance is measured under the implementation of Quantitative Easing in the US, by estimating vector autoregression (VAR) and Impulse Response Function with monthly data from US Federal Reserve, observed during the period January 1994-January 2022. Variables include: Consumer Price Index (CPIAUCSL); Industrial Production (INDPRO); Unemployment Rate (UNRATE); Interest Rates, Government Securities, Government Bonds (INTGSBUSM193N); Volatility Index (VIXCLS), Real Broad Effective Exchange Rate (RBUSBIS), Federal Surplus or Deficit (MTSDS133FMS), Money Supply M1 (WM1NS), M2 (WMNS), M3 (MABMM301USM189S). An evidence on macroeconomic variables of Consumer Price Index and Industrial Production when evaluating the effectiveness of QE is provided.</p>
</abstract>

This scientific paper examines the relationship between macroeconomic variables whose performance is measured under the implementation of Quantitative Easing in the US, by estimating vector autoregression (VAR) and Impulse Response Function with monthly data from US Federal Reserve, observed during the period January 1994-January 2022. Variables include: Consumer Price Index (CPIAUCSL); Industrial Production (INDPRO); Unemployment Rate (UNRATE); Interest Rates, Government Securities, Government Bonds (INTGSBUSM193N); Volatility Index (VIXCLS), Real Broad Effective Exchange Rate (RBUSBIS), Federal Surplus or Deficit (MTSDS133FMS), Money Supply M1 (WM1NS), M2 (WMNS), M3 (MABMM301USM189S). An evidence on macroeconomic variables of Consumer Price Index and Industrial Production when evaluating the effectiveness of QE is provided.

Quantitative Easing and Macroeconomic Performance in the United States

PhD Candidate in Management, International Burch University

Journal of Central Banking Theory and Practice

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Quantitative Easing and Macroeconomic Performance in the United States"}

This scientific paper examines the relationship between macroeconomic variables whose performance is measured under the implementation of Quantitative Easing...

Quantitative Easing and Macroeconomic Performance in the United States

Online veröffentlicht: 23. Sept. 2022

Seitenbereich: 79 - 98

Eingereicht: 11. Nov. 2021

Akzeptiert: 29. Dez. 2021

DOI: https://doi.org/10.2478/jcbtp-2022-0024

Schlüsselwörter
Quantitative Easing, US Federal Reserve, VAR, Impulse Response Function

© 2022 Inda Mulaahmetović, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Quantitative Easing and Macroeconomic Performance in the United States

Online veröffentlicht: 23. Sept. 2022

Seitenbereich: 79 - 98

Eingereicht: 11. Nov. 2021

Akzeptiert: 29. Dez. 2021

DOI: https://doi.org/10.2478/jcbtp-2022-0024

SchlüsselwörterQuantitative Easing, US Federal Reserve, VAR, Impulse Response Function

© 2022 Inda Mulaahmetović, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Schlüsselwörter
Quantitative Easing, US Federal Reserve, VAR, Impulse Response Function