Papers presented address topics such as the role of capital flow management measures as a policy instrument and their spillovers, the role of banks in international business cycles, exchange rate policy, and international debt deleveraging.

ESSIM is an annual meeting that brings together around 60 economists from across Europe and key researchers from outside the region. It provides a unique opportunity for macroeconomists from different research institutions and countries to discuss research in a relaxed atmosphere and to develop...

Topics: - The definition and measurement of global liquidity - Global liquidity and the direction, size and composition of international capital flows - The impact of global liquidity on asset prices and exchange rates - The impact of global liquidity on monetary and financial stability - The...