{"id":"https://openalex.org/W2913440751","doi":"https://doi.org/10.2139/ssrn.4196671","title":"Quantitative Easing and Sovereign Bond Yields: A Global Perspective","display_name":"Quantitative Easing and Sovereign Bond Yields: A Global Perspective","publication_year":2022,"publication_date":"2022-01-01","ids":{"openalex":"https://openalex.org/W2913440751","doi":"https://doi.org/10.2139/ssrn.4196671","mag":"2913440751"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.4196671","doi":"https://doi.org/10.2139/ssrn.4196671","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4196671","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.4196671","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5027538725","display_name":"Dimitrios Malliaropulos","orcid":"https://orcid.org/0000-0001-8172-2280","observed_orcids":["https://orcid.org/0000-0001-8172-2280"]},"institutions":[{"id":"https://openalex.org/I154757721","display_name":"University of Piraeus","ror":"https://ror.org/02qs84g94","country_code":"GR","type":"education","lineage":["https://openalex.org/I154757721"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Dimitris Malliaropulos","raw_affiliation_strings":["Bank of Greece, 21 E. Venizelos Avenue, GR 102 50 Athens, Greece","University of Piraeus, 80 Karaoli & Dimitriou Str., 18534 Piraeus, 185 34 -GR, Greece","Bank of Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Greece, 21 E. Venizelos Avenue, GR 102 50 Athens, Greece","institution_ids":[]},{"raw_affiliation_string":"University of Piraeus, 80 Karaoli & Dimitriou Str., 18534 Piraeus, 185 34 -GR, Greece","institution_ids":["https://openalex.org/I154757721"]},{"raw_affiliation_string":"Bank of Greece","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5037229757","display_name":"Petros M. Migiakis","orcid":"https://orcid.org/0000-0002-6038-876X","observed_orcids":["https://orcid.org/0000-0002-6038-876X"]},"institutions":[{"id":"https://openalex.org/I154757721","display_name":"University of Piraeus","ror":"https://ror.org/02qs84g94","country_code":"GR","type":"education","lineage":["https://openalex.org/I154757721"]}],"countries":["GR"],"is_corresponding":true,"raw_author_name":"Petros M. Migiakis","raw_affiliation_strings":["Bank of Greece, 21 E. Venizelos Avenue, GR 102 50 Athens, Greece","Bank of Greece","University of Piraeus"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Greece, 21 E. Venizelos Avenue, GR 102 50 Athens, Greece","institution_ids":[]},{"raw_affiliation_string":"Bank of Greece","institution_ids":[]},{"raw_affiliation_string":"University of Piraeus","institution_ids":["https://openalex.org/I154757721"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5037229757"],"corresponding_institution_ids":["https://openalex.org/I154757721"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9276999831199646,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9276999831199646,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.033900000154972076,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14166","display_name":"European Monetary and Fiscal Policies","score":0.010400000028312206,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/quantitative-easing","display_name":"quantitative easing","score":1.0},{"id":"https://openalex.org/keywords/government-bond-yields","display_name":"government bond yields","score":0.9990000128746033},{"id":"https://openalex.org/keywords/central-bank-balance-sheet","display_name":"central bank balance sheet","score":0.8679999709129333},{"id":"https://openalex.org/keywords/liquidity-provision","display_name":"liquidity provision","score":0.7459999918937683},{"id":"https://openalex.org/keywords/long-term-interest-rates","display_name":"long-term interest rates","score":0.6700000166893005},{"id":"https://openalex.org/keywords/sovereign-credit-ratings","display_name":"sovereign credit ratings","score":0.6899999976158142},{"id":"https://openalex.org/keywords/eurozone-sovereign-debt","display_name":"European sovereign debt","score":0.8090000152587891},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.7409999966621399},{"id":"https://openalex.org/keywords/monetary-policy-normalization","display_name":"monetary policy normalization","score":0.8769999742507935},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.8080000281333923},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.8230000138282776}],"concepts":[{"id":"https://openalex.org/C144929662","wikidata":"https://www.wikidata.org/wiki/Q750178","display_name":"Basis point","level":3,"score":0.7137041091918945},{"id":"https://openalex.org/C29185160","wikidata":"https://www.wikidata.org/wiki/Q874727","display_name":"Quantitative easing","level":4,"score":0.7016841173171997},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.6511486768722534},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5895220637321472},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5854009389877319},{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.5750910043716431},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5724338293075562},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5214363932609558},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5093013048171997},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.49985671043395996},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4670758545398712},{"id":"https://openalex.org/C186229450","wikidata":"https://www.wikidata.org/wiki/Q42008","display_name":"Sovereignty","level":3,"score":0.45901787281036377},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.4584557116031647},{"id":"https://openalex.org/C2779465119","wikidata":"https://www.wikidata.org/wiki/Q1817463","display_name":"Lender of last resort","level":4,"score":0.4121881425380707},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.4045281410217285},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.2371671199798584},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16373848915100098},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.16366448998451233},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2139/ssrn.4196671","doi":"https://doi.org/10.2139/ssrn.4196671","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4196671","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:bog:wpaper:253","doi":null,"is_oa":false,"landing_page_url":"https://www.bankofgreece.gr/BogEkdoseis/Paper2018253.pdf","pdf_url":"https://www.bankofgreece.gr/BogEkdoseis/Paper2018253.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4196671","doi":"https://doi.org/10.2139/ssrn.4196671","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4196671","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":86,"referenced_works":["https://openalex.org/W618097741","https://openalex.org/W1507788244","https://openalex.org/W1516066555","https://openalex.org/W1544385952","https://openalex.org/W1588947365","https://openalex.org/W1598969128","https://openalex.org/W1663622626","https://openalex.org/W1669660444","https://openalex.org/W1723401939","https://openalex.org/W1954685264","https://openalex.org/W1976386631","https://openalex.org/W1978282661","https://openalex.org/W1978775682","https://openalex.org/W2005013362","https://openalex.org/W2011886674","https://openalex.org/W2023157596","https://openalex.org/W2024224547","https://openalex.org/W2039889453","https://openalex.org/W2060046988","https://openalex.org/W2062229217","https://openalex.org/W2071902962","https://openalex.org/W2084716442","https://openalex.org/W2096064009","https://openalex.org/W2099366283","https://openalex.org/W2117513178","https://openalex.org/W2120667240","https://openalex.org/W2121830658","https://openalex.org/W2124220701","https://openalex.org/W2124555329","https://openalex.org/W2137900760","https://openalex.org/W2139849606","https://openalex.org/W2140234860","https://openalex.org/W2152110580","https://openalex.org/W2255030842","https://openalex.org/W2483701041","https://openalex.org/W2514070937","https://openalex.org/W2522584576","https://openalex.org/W2583596422","https://openalex.org/W2589384823","https://openalex.org/W2763510222","https://openalex.org/W2774624143","https://openalex.org/W2782371644","https://openalex.org/W2782556096","https://openalex.org/W2783061167","https://openalex.org/W2785999033","https://openalex.org/W2787075150","https://openalex.org/W2890067203","https://openalex.org/W2891777211","https://openalex.org/W2893768896","https://openalex.org/W2899144201","https://openalex.org/W2899889842","https://openalex.org/W2900013443","https://openalex.org/W2902912922","https://openalex.org/W2908540616","https://openalex.org/W2916343068","https://openalex.org/W2955116342","https://openalex.org/W3021990645","https://openalex.org/W3023077672","https://openalex.org/W3121206309","https://openalex.org/W3121606618","https://openalex.org/W3121902192","https://openalex.org/W3122021074","https://openalex.org/W3122128813","https://openalex.org/W3122436517","https://openalex.org/W3123173242","https://openalex.org/W3123198414","https://openalex.org/W3123302557","https://openalex.org/W3123833473","https://openalex.org/W3124057053","https://openalex.org/W3124546432","https://openalex.org/W3124738752","https://openalex.org/W3125148940","https://openalex.org/W3125249465","https://openalex.org/W3125340298","https://openalex.org/W3125472679","https://openalex.org/W3125913704","https://openalex.org/W3126045432","https://openalex.org/W3140316668","https://openalex.org/W4230119347","https://openalex.org/W4247960559","https://openalex.org/W4293212339","https://openalex.org/W4293215053","https://openalex.org/W4293215465","https://openalex.org/W4300838073","https://openalex.org/W4312438042","https://openalex.org/W7072172424"],"related_works":["https://openalex.org/W4295860705","https://openalex.org/W2777105307","https://openalex.org/W2898100687","https://openalex.org/W3002043468","https://openalex.org/W2953043594","https://openalex.org/W2067776485","https://openalex.org/W7014727132","https://openalex.org/W1136825211","https://openalex.org/W3197896026","https://openalex.org/W3046996235"],"abstract_inverted_index":null,"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":5},{"year":2018,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2019-02-21T00:00:00"}
