This paper examines how the financial activities of non-financial corporates (NFCs) in international markets potentially affects domestic monetary aggregates an
Much recent commentary suggests that global liquidity has influenced financial conditions in the major international markets to an important degree, and that ex
This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various interlocutors, including at the BIS, by
This paper distills and identifies global liquidity (GL) momenta from the macro-financial data of advanced economies through a factor model with sign restrictio
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It ela