Exploring the Dynamics of Global Liquidity /

This paper explores the concept of global liquidity, its measurement and macro-financial importance. We construct two sets of indicators for global liquidity: a quantity series distinguishing between core and noncore liabilities of financial intermediatires and a corresponding price series. Using pr...

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Bibliographic Details
Main Author: Chen, Sally
Other Authors: Liu, Philip, Maechler, Andrea, Marsh, Chris
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/246
Online Access:Full text available on IMF