The QE Placebo

Daniel Gros

CEPS Papers from Centre for European Policy Studies

Abstract: After pointing out several surprising coincidences and contradictions that arise in nearly every aspect of the QE debate, Daniel Gros arrives at the conclusion in this CEPS Commentary that evaluating the policy’s effectiveness is more of an art than a science, which leaves plenty of room for distortion and bias.

Pages: 4 pages
Date: 2015-06
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http://www.ceps.eu/system/files/DG_QE_Placebo.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:eps:cepswp:10677

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