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the international liquidity management aspect of sterilization over the traditional monetary one, a re-focus that seems … liquidity management issues more generally …
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the international liquidity management aspect of sterilization over the traditional monetary one, a re-focus that seems … liquidity management issues more generally …
Persistent link: https://www.econbiz.de/10013245510
Emerging market economies, which have much of their growth ahead of them, either run or should run persistent current account deficits in order to smooth consumption intertemporally. The counterpart of these deficits is their dependence on capital inflows, which can suddenly stop. We make two...
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the international liquidity management aspect of sterilization over the traditional monetary one, a re-focus that seems … liquidity management issues more generally …
Persistent link: https://www.econbiz.de/10014155474
shocks, a propensity to waste scarce liquidity in the banking system; and limited development of financial markets. The paper …-cyclical policies, Improving liquidity aggregation through and within the banking sector during crises, and improving the liquidity and …
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liquidity and liability management more generally …
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liquidity and liability management more generally …
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