Quantitative easing (Monetary policy)

found: Krishnamurthy, A. The effects of quantitative easing on interest rates channels and implications for policy, 2011.

found: Law, J. A Dictionary of Finance and Banking, 2008:(Quantitative easing (QE; queasing. A form of monetary policy that is sometimes used to stimulate the economy when interest rates have already been reduced close to zero; it is regarded as a policy of last resort when there is a serious risk of deflation. Essentially, the central bank creates new money electronically by expanding its balance sheet and uses this to buy government bonds from financial institutions.)

found: Wikipedia, Dec. 12, 2012(Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective. A central bank implements quantitative easing by buying financial assets from commercial banks and other private institutions with newly created money in order to inject a pre-determined quantity of money into the economy.)