أثر أدوات السياسة النقدية غير التقليدية على النمو الاقتصادي للولايات المتحدة الأمريكية للفترة : 2008-2019 باستخدام نموذج ARDL

Abstract EN

This study aims to evaluate the effectiveness of unconventional monetary policy instruments on the economic growth, and in order to achieve this goal we using the Autoregressive Distribution Lag model (ARDL) and its application to the American economy, which suffered from low rates of economic growth after the global financial crisis when the Federal Reserve to the application of the quantitative easing and zero interest rates.

The study covers the period from the Q4-2008 until the Q4-2019, and the most important results were the presence of a positive nd significant impact of the quantitative easing policy on economic growth and the impact of zero interest rates it's insignificant.