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Intro -- Introduction -- Why now the debate on the international financialarchitecture? -- The issues in the international financial architecture debate -- How to go forward - broadening the debate and inputs -- Notes -- References.
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This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in … also the cyclical impact of global liquidity, with sensitivities of flows to banks decreasing with stronger macroeconomic …
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This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in … also the cyclical impact of global liquidity, with sensitivities of flows to banks decreasing with stronger macroeconomic …
Persistent link: https://www.econbiz.de/10013053045
This paper studies the determinants of global liquidity using data on cross-border bank flows, with a longer time … series and broader country sample than previous studies. We define global liquidity as non-price determinants of cross … liquidity is driven primarily by uncertainty (VIX), US monetary policy (term premia), and UK and Euro Area bank conditions …
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Using novel indicators of political connections constructed from campaign contribution data, we show that Brazilian firms that provided contributions to (elected) federal deputies experienced higher stock returns than firms that did not around the 1998 and 2002 elections. This suggests that...
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