자료유형 | 단행본 |
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서명/저자사항 | Exploring the dynamics of global liquidity/ prepared by Sally Chen [and others]. |
개인저자 | Chen, Sally F.(Sally Fangnan), 1973-, |
단체저자명 | International Monetary Fund. Strategy, Policy, and Review Department. |
발행사항 | [Washington, D.C.]: International Monetary Fund, ?012. |
형태사항 | 1 online resource (47 pages). |
총서사항 | IMF working paper;WP/12/246 |
ISBN | 9781475512823 1475512821 |
일반주기 |
Title from PDF title page (IMF Web site, viewed Oct. 16, 2012).
"Strategy, Policy, and Review Department." "October 2012." |
서지주기 | Includes bibliographical references. |
요약 | 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 intermediaries 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. |
일반주제명 | Liquidity (Economics) BUSINESS & ECONOMICS --Finance. Liquidity (Economics) |
언어 | 영어 |
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