麦肯锡:QE和超低利率:分配效应和风险(英文 72页)

    2013-12-27

    麦肯锡:QE和超低利率:分配效应和风险(英文 72页)


    Executive summary 1
    1. Overview of monetary policies since 2007 5
    2. Distributional effects of interest income and expense changes 11
    3. The impact of ultra-low interest rates on asset prices is inconclusive 23
    4. Impact on capital flows to emerging markets 36
    5. Future scenarios and risks 40
    Appendix: Technical notes 49
    Bibliography 57

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    [报告关键词]: QE 利率
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