BIS economists find Fed's QE helps curb tail risk perception

dollar vortex

A research paper by three economists at the Bank for International Settlements (BIS), published today, sets out to test the theory that unconventional monetary policy actions such as the various rounds of asset purchases by the US Federal Reserve were instrumental in curbing perceptions of tail risks in the economy.

In The Response of Tail Risk Perceptions to Unconventional Monetary Policy, Masazumi Hattori, Andreas Schrimpf and Vladyslav Sushko use both event studies of announcement effects and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: