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A prominent example involves Lin et al.'s (2008) study, which discovers an increasing probability of default during recessions, in which companies massively reduce their workforce or downsize large-scale assets, commonly effective actions during a turnaround.
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Evaluating Large-Scale Asset Purchases, Brooking Institution, October 11 , 2012
The first is making large-scale asset purchases.
Moreover, the European Central Bank is engaged in a large-scale asset-purchasing initiative that could be easily and rapidly expanded.
Twice now the Fed has engaged in large-scale asset purchasing, a process known as quantitative easing.
Since 2008, the Fed has engaged in three rounds of unconventional large-scale asset purchases, known as quantitative easing.
Until now he had not been an advocate for large-scale asset purchases to reinvigorate the economy.
Viewed from that perspective, the Fed very clearly has to increase its large-scale asset purchases (quantitative easing) after the meeting concludes on Thursday.
The Federal Reserve will decide today whether to authorize "quantitative easing," or large-scale asset purchases to stimulate the economy by driving down long-term interest rates.
As the dust settles on the autumn statement, some of its less conspicuous features, such as the commitment to large-scale asset sales, will come under closer scrutiny.
Mr. Fisher said he would be reluctant to resume large-scale asset purchases, which he said "might be pushing on a string," and possibly set off future inflation.
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