Jens Van’t Klooster on ECB Bond Purchasing and the Myth of Central Bank Neutrality

Jens Van’t Klooster is a postdoctoral fellow at KU Leuven and is also a member of the research group, A New Normative Framework for Financial Debt at the University of Amsterdam. Jens has recently coauthored an article titled *The Myth of Market Neutrality: A Comparative Study of the European Central Bank’s and Swiss National Bank’s Corporate Security Purchases.* He joins Macro Musings to talk about this article and some of his other work on central bank purchases and what it may mean for the Fed’s purchase of corporate bonds.

 

Transcript for the episode can be found here.

 

Jens’s Twitter: @jvklooster

Jens’s website: https://jensvantklooster.com/

 

Related Links:

 

*The Myth of Market Neutrality: A Comparative Study of the European Central Bank’s and Swiss National Bank’s Corporate Security Purchases* by Jens Van’t Klooster and Clement Fontan

https://www.tandfonline.com/doi/full/10.1080/13563467.2019.1657077

 

David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth