Theoretical and Applied Economics
No. 2 / 2023 (635), Summer
An analysis regarding the transition from quantitative easing to quantitative tightening in the Euro Area
Bucharest University of Economic Studies, Romania
Abstract. In the context of accelerating inflation growth in 2021-2022 in the Euro Area, the ECB is considering tightening monetary policy, i.e. moving from a quantitative easing (QE) monetary policy that has been practiced for almost a decade in the Euro Area to a quantitative tightening (QT) monetary policy. This article examines what this transition entails as QE provides an easing of financial conditions on a broader scale by reducing long-term interest rates, while the adoption of QT should have the opposite effect, although not necessarily of the same magnitude, i.e. reducing the size of a central bank's asset balance sheet.
Contents
The future of money and the money supply
Implications of migration policies on reducing income inequalities and poverty in Europe
The green and digital transition through innovation, SME competitiveness, and economic resilience: Evidence from the European Union economies
An analysis regarding the transition from quantitative easing to quantitative tightening in the Euro Area
Modern leadership in business organisations during economic disruption
Does the effectiveness of money supply and foreign direct investment determine the industrial growth performance in India?
The effect of poverty and income inequality on CO2 emission based on Environmental Kuznets Curve analysis: Empirical evidence from selected developing countries
Can renewable energy sources pump the economy
Evolution of growth theory: from Harrod to Romer
Role of information systems for management in multispeciality hospitals to improve performance: A conceptual framework
Measuring stock market uncertainty
Frequency domain causality analysis of financial development and economic growth in Côte d’Ivoire
Theoretical framework to introduce rainfall index-based futures contracts in India
Quest of dynamic linkages between monetary factors and food inflation in India
Does foreign direct investment contribute to reducing unemployment in Algeria?
An enquiry into extreme price movements of the cryptocurrencies in the backdrop of COVID-19
Effect of inflation on the growth and development of the Pakistan economy: An empirical analysis