Global Liquidity and Drivers of Cross-Border Bank Flows /

This paper provides a definition of global liquidity consistent with its meaning as the 'ease of financing' in international financial markets. Using a longer time series and broader sample of countries than in previous studies, it identifies global factors driving cross-border bank flows,...

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Bibliographic Details
Main Author: Cerutti, Eugenio
Other Authors: Claessens, Stijn, Ratnovski, Lev
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/069
Online Access:Full text available on IMF

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