[New post] Impact of the UK QE on banks’ balance sheets
BankUnderground posted: " Mahmoud Fatouh Quantitative easing (QE) involves creating new central bank reserves to fund asset purchases. Deposited in the reserves account of the seller's bank, these reserves can have implications for banks' asset mixes. In our paper, we use "
Quantitative easing (QE) involves creating new central bank reserves to fund asset purchases. Deposited in the reserves account of the seller's bank, these reserves can have implications for banks' asset mixes. In our paper, we use balance sheet data for 118 UK banks to empirically investigate whether the asset compositions of banks involved in the UK QE operations reacted differently in comparison to banks not involved in the initial rounds of QE between March 2009 and July 2012.
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