Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates …

central banks. One hot topic is whether the rise in liquidity in recent years has contributed to the formation of price … limit speculative runs and negative effects on the real economy in the future. We explore the impacts of liquidity shocks on … real share and house prices and the influence of wealth prices on liquidity. VAR models are specified for the US and the …

This study analyses how liquidity risk affects bonds' yield spreads after controlling for credit risk, bond …-specific characteristics and macroeconomic variables. Using two liquidity estimates, LOT liquidity and the bid-ask spread, we find that, in … particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of …

This paper investigates the relationship between global liquidity and commodity and food prices applying a global … cointegrated vector-autoregressive model. We use different measures of global liquidity and various indices of commodity and food … liquidity and the development of food and commodity prices, and that food and commodity prices adjust significantly to this …