drivers of asset prices are global liquidity conditions. Central banks flooded the markets with ample liquidity. Mopping up … this excess liquidity will be one major task for central banks worldwide, which needs to be done in a coordinated fashion …. Moreover, our analysis has shown that liquidity will first show up in asset price inflation and only later in consumer goods …

vagabonding global liquidity, there is a strong case for globally coordinating monetary exit strategies. Given unsurmountable …

task - the coordination of the non-exit is more likely than the coordination of the exit. -- Geldpolitik ; Fiskalpolitik …

vagabonding global liquidity, there is a strong case for globally coordinating monetary exit strategies. Given unsurmountable …

vagabonding global liquidity, there is a strong case for globally coordinating monetary exit strategies. Given unsurmountable …