dc.rights.license | CC-BY-NC-ND | |
dc.contributor.advisor | Balland, P.A. | |
dc.contributor.author | Hoopen, M.S. ten | |
dc.date.accessioned | 2021-08-23T18:00:58Z | |
dc.date.available | 2021-08-23T18:00:58Z | |
dc.date.issued | 2021 | |
dc.identifier.uri | https://studenttheses.uu.nl/handle/20.500.12932/41108 | |
dc.description.abstract | This research aims to prove that Quantitative Easing has not been an effective monetary policy instrument of the European Central Bank, while increasing wealth inequality as a side effect in the Eurozone. It makes an assessment of the (historical) context in which the European Central Bank operates, together with a description of indirect and direct causes of Quantitative Easing policy. Furthermore, Quantitative Easing policy itself is described, followed by an assessment of economic theories and concepts of relevance for a better understanding of the consequences of Quantitative Easing policy. The relation between Quantitative Easing and (increasing) wealth inequality is also discussed within the context of theoretical and empirical literature. A collection of secondary data is presented and discussed in order to prove the central claim of the research. The research concludes by proving that Quantitative Easing has not been a very effective monetary policy instrument of the ECB, and that it has increased wealth inequality in the Eurozone. | |
dc.description.sponsorship | Utrecht University | |
dc.format.extent | 3637741 | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en | |
dc.title | Monetary policy & Wealth inequality | |
dc.type.content | Master Thesis | |
dc.rights.accessrights | Open Access | |
dc.subject.keywords | Monetary policy, Quantitative Easing, Wealth inequality, Eurozone, ECB, money printing | |
dc.subject.courseuu | Human Geography | |