. While the majority of the previous literature has measured the effectiveness of QE by its impact on interest rates, in this … paper the effectiveness of all Bank of England policies, including QE, is measured by their impact on the declared goal of … the QE policy, namely nominal GDP growth. Further, unlike other works on policy evaluation, in this paper we use the …

Through large-scale asset purchases, widely known as quantitative easing (QE), central banks around the world have … effects for all four countries. This points to an important international spillover channel of QE programs to bond safety …

quantitative easing (QE). We find that central bank papers find QE to be more effective than academic papers do. Central bank … papers report larger effects of QE on output and in ation. They also report QE effects on output that are more significant … report larger QE effects on output experience more favorable career outcomes. A survey of central banks reveals substantial …