TITLE:
Quantitative Easing and Its Global Impacts
AUTHORS:
Tenpao Lee, Zhihong Li, Zhen Pei
KEYWORDS:
Great Recession, Mortgage Backed Securities, Quantitative Easing
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.3 No.3,
March
18,
2015
ABSTRACT: As one of the tools to stimulate the
economic growth, quantitative easing (QE) has been used by some countries like
Japan, the United States, etc. Whether it does good or bad to the economy is to
be further discussed. The paper first provided an overview of QE that was
initiated in the United States, then compared the theoretic anticipation and
the practical operational outcomes of QE. Finally, the paper drew conclusions
about the impacts of QE to the global economy.