QE and ultra-low interest rates: Distributional effects and risks

http://www.mckinsey.com/~/media/McKinsey/dotcom/Insights/Economic%20Studies/QE%20and%20ultra-low%20interest%20rates%20Distributional%20effects%20and%20risks/MGI%20QE%20and%20ultra-low%20rates_Full%20report_Nov%202013.ashx
Richard Dobbs, Susan Lund, Tim Koller, and Ari Shwayder
McKinsey Global Institute
November, 2013