its currency and an exchange rate peg. This way, the central bank can implement the optimal escape from a liquidity trap … to escape from a liquidity trap. …

play a role in Turkey's monetary transmission mechanism. Specifically, bank liquidity is found to have a significant effect … sector, depending on its liquidity position. …

whether it affects the amplitude of impulse responses to shocks to output, terms of trade, global liquidity, and global risk …

as financial depth and integration were also relevant. Finally, countercyclical monetary policy and liquidity played a …

International policy efforts to strengthen financial systems have highlighted the role of liquidity. This paper … explores a framework to assess arrangements for market liquidity and lays out elements of systemic liquidity policy. Robust … arrangements for liquidity provide confidence to market participants that liquidity can be mobilized on demand in a predictable and …

attention was paid to the potential spillover of excess liquidity. This paper suggests a notional level of "optimal" liquidity …

We show that, in a monetary equilibrium, trade and asset prices depend on both the supply of the liquidity by the … Central Bank and the liquidity of assets and commodities. As a result, monetary aggregates are informative for the conduct of … monetary policy. We also show asset prices are higher in liquidity-constrained states of nature. This generates a term premium …

borrowing. The subsequent crisis has reduced the pool of assets considered acceptable as collateral, resulting in a liquidity … shortage. When trying to address this, policy makers will need to consider concepts of liquidity besides the traditional metric …