@ARTICLE{Duszak_Anna_Does_2018,
 author={Duszak, Anna},
 number={No 2},
 journal={Central European Journal of Economic Modelling and Econometrics},
 pages={101-131},
 howpublished={online},
 year={2018},
 publisher={Oddział PAN w Łodzi},
 abstract={This paper applies a DSGE model to find whether the way of financing QE2 matters for the reaction of the economy. The model includes a segmented bond market structure, thus the large-scale asset purchases may successfully influence the economy. It is shown that the effects on macroeconomic variables are very similar regardless of whether the government finances the purchases by lump-sum taxes or by short-term debt which signifies that the quantitative deviation from Ricardian equivalence introduced by bond market segmentation is insignificant. The redistribution effects caused by financing are noticeable.},
 type={Artykuły / Articles},
 title={Does the Way of Financing Quantitative Easing Programmes Matter?},
 URL={http://journals.pan.pl/Content/107676/PDF-MASTER/mainFile.pdf},
 doi={10.24425/cejeme.2018.123453},
 keywords={quantitative easing, unconventional monetary policy, Ricardian equivalence},
}