IFS code, 3 digit code
World Bank 3-letter code
Country name
Monthly date
policy interest rate in percent, from BIS & augmented with other sources
Date new QE program is announced
Date new QT program is announced
Dummy if QE program ongoing
Dummy if QT program ongoing
Name of QE/QT program
Dummy if country is member of euro area
Change in the policy interest rate relative to last month, in pp,
Dummy=1 if change in the policy rate (either direction)
Dummy=1 if policy rate increases (above threshold)
Dummy=1 if policy rates decreases (above threshold)
Hiking/tightening phase, identified by BBQ & meet all criteria
Cutting/easing phase, identified by BBQ & meet all criteria
Dummy if change in rate (absolute value) is larger than 5.00; to capture spikes
Month defined as start of cutting phase because started a new QE program, but di
Month defined as start of hiking phase because started a new QT program, but did