Effects of unconventional monetary policy across U.S. industries

Research output: Contribution to journalArticle

Abstract

Using industry-level data for all U.S. states obtained from the U.S. Bureau of Economic Analysis, this paper examines the impact that unconventional monetary policy has had on six U.S. industries. The results indicate that the impact varies across the industries analysed. The results show that total wages and salaries increased the most in the finance sector. However, the strongest impact on total real output was in the wholesale sector.

Original languageEnglish
Pages (from-to)104-134
Number of pages31
JournalInternational Finance
Volume23
Issue number1
DOIs
StatePublished - 1 Mar 2020

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