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...

Descripción completa

Detalles Bibliográficos
Autor principal: Chen, Sally
Otros Autores: Liu, Philip, Maechler, Andrea, Marsh, Chris
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Colección:IMF Working Papers; Working Paper ; No. 2012/246
Acceso en línea:Full text available on IMF
LEADER 01809cas a2200277 a 4500
001 AALejournalIMF013132
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475512793 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Chen, Sally. 
245 1 0 |a Exploring the Dynamics of Global Liquidity /  |c Sally Chen, Philip Liu, Andrea Maechler, Chris Marsh. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2012. 
300 |a 1 online resource (47 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 price and quantity indicators simultaneously, it is possible to distinguish between shocks to the supply and demand for global liquidity, and isolate their impact on the economy. Our results confirm that global liquidity conditions matter for economic and financial stability, and points to indicators whose regular monitoring could be valuable to policymakers.a. 
538 |a Mode of access: Internet 
700 1 |a Liu, Philip. 
700 1 |a Maechler, Andrea. 
700 1 |a Marsh, Chris. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2012/246 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2012/246/001.2012.issue-246-en.xml  |z IMF e-Library