Published Classic The Economic Journal Published Nov 2012The Federal Reserve's Large-Scale Asset Purchase Programmes: Rationale and EffectsStefania D'Amico · William English · David López-Salido · Edward NelsonThis 2012 Economic Journal paper estimates how the Federal Reserve's large-scale asset purchase programmes of 2008-2011 lowered longer-term US Treasury yields, disaggregating the total effect within a …