Quantitative Easing, Transactions Costs

On The Transactions Costs Of Quantitative Easing

On The Transactions Costs Of Quantitative Easing

Francis Breedon
University of London, Queen Mary - School of Economics and Finance

Philip Turner
Bank for International Settlements (BIS) - Monetary and Economic Department

July 2016

BIS Working Paper No. 571


Most quantitative easing programmes primarily involve central banks acquiring government liabilities in return for . . .


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