This whitepaper brings together JCB's three-part series exploring the effect of unconventional monetary policies on economies and financial markets.
Part 1 - Why do central banks and governments pursue unconventional monetary policies?
In this piece, the first in a three-part series, we explore why countries choose to pursue unconventional monetary policies.
Part 2 - Unconventional monetary policy: Japan and Germany’s experience
The second part explores the backdrop to the decision by these countries to embark on zero and negative interest rates and quantitative easing.
Part 3 - Lessons for investors from unconventional monetary policy
The final piece looks at the impact unconventional monetary policies have had on different asset classes, with a special focus on sovereign bonds.
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