[11] See, for example, Neely, C. (2010), “The Large-Scale Asset Purchases Had Large International Effects”, Working Paper Series, Federal Reserve Bank of St. Louis; Fratzscher, M., Lo Duca, M. and Straub, R. (2013), “On the International Spillovers of US Quantitative Easing,” Discussion Papers, DIW Berlin; Moore, J. et al.
(2013), “Estimating the Impacts of U.S. LSAPs on Emerging Market Economies’ Local Currency Bond Markets”, Staff Reports, Federal Reserve Bank of New York, No 595; Rogers, J. H., Scotti, C. and Wright, J. H. (2014), “Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison”, International Finance Discussion Papers, Board of Governors of the Federal Reserve System, No 1101.