Connection between central bank balance sheets and stock market valuations

The aim of the current thesis is to study one of the unconventional monetary policy instruments, asset purchase programs and their impact on another central bank’s balance sheet developments and stock index returns. This thesis focuses on three central banks, the Federal Reserve from the United Stat...

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Bibliographic Details
Main Author: Aspinmaa, Ellinoora
Other Authors: Kauppakorkeakoulu, School of Business and Economics, Taloustieteet, Business and Economics, Jyväskylän yliopisto, University of Jyväskylä
Format: Master's thesis
Language:eng
Published: 2021
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/76372