【ECON20181209】  
 
      宏观做爱片 研讨会          （总第244期）      
   
      【时间】2018年5月23日（周三）12：15－13：45          【地点】明商0202教室          【主讲】随晓芹 做爱片-做爱三级片          【主题】The Effects of Quantitative Easing on Bank（Alexander Rodnyansky & Olivier M. Darmouni, The Review of Financial Studies, 2017）          【点评】刘凯 做爱片-做爱三级片 副教授          【摘要】Banks’ exposure to large-scale asset purchases, as measured by the relative prevalence of mortgage-backed securities on their books, affects lending following unconventional monetary policy shocks. Using a difference-in-differences identification strategy, this paper finds strong effects of the first and third round of quantitative easing (QE1 and QE3) on credit. Highly affected commercial banks increase lending by 2% to 3% relative to their counterparts. QE2 had no significant impact, consistent with its exclusive focus on Treasuries sparsely held by banks. Overall, banks respond heterogeneously, and the type of asset being targeted is central to QE.          【主持】陈彦斌 教授          
           人大宏观做爱片 研讨会（Macro Workshop）旨在追踪宏观做爱片 国际最新进展，倡导构建符合国情的动态优化模型，并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。      
联系人：刘哲希    Email：[email protected]  
 
资料下载：www.docin.com/mydoc-88265459-1.html  
 
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      做爱片-做爱三级片