Core Course: Unconventional Monetary Policy - Theory and Practice
This course will attempt to help students understand asset purchases as a monetary policy tool, both in theory and in practice.
It begins with introducing and describing the mechanics of asset purchases. It then moves towards illustrating how the literature incorporates this policy tool into otherwise standard models, exploring a variety of potential mechanism for its transmission, and to what extent it holds up in the data. It concludes with highlighting possible negative effects of asset purchases.
Ciaran Rogers is examiner and course director.
To sign up for the course, email: phd@su.se
Last updated: February 21, 2023
Source: Center for Monetary Policy and Financial Stability (CeMoF)