Effect of Easy Money in an Open Economy
Edward E. Ghartey ()
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Edward E. Ghartey: The University of the West Indies
Chapter Chapter 10 in International Macroeconomics and Finance, 2025, pp 189-204 from Springer
Abstract:
Abstract In this chapter, easy money is implemented to illustrate its dynamic effects in both developed and developing open market economies. This expansionary monetary policy embarked on by central banks through the purchase of Treasury Bills from nonbanking public in open market operation, increase prices which cause interest rates to fall.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-04145-6_10
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DOI: 10.1007/978-3-032-04145-6_10
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