The Structure of Federal Reserve Liabilities

Thomas Haasl, Anna Paulson and Sam Schulhofer-Wohl

Chicago Fed Letter, 2018, No 395

Abstract: Throughout the financial crisis and its aftermath from late 2008 through October 2014, the Federal Reserve used asset purchases as a potent tool of monetary policy?buying longer-term Treasury and mortgage-backed securities to provide economic stimulus beyond what traditional policy approaches could produce. Consequently, the size and composition of the Fed?s balance sheet changed significantly over this period.

Keywords: Monetary policy; payment systems (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.chicagofed.org/~/media/publications/ch ... /2018/cfl395-pdf.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhle:00084

Ordering information: This journal article can be ordered from
publications.chi@chi.frb.org

DOI: 10.21033/cfl-2018-395

Access Statistics for this article

More articles in Chicago Fed Letter from Federal Reserve Bank of Chicago Contact information at EDIRC.
Bibliographic data for series maintained by Lauren Wiese (lauren.wiese@chi.frb.org).