Conference presentation on drivers and transmission of global liquidity …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … international bond issuance, the two main components of global liquidity. The sensitivity of both types of flows to U.S. monetary … policy rose substantially in the immediate aftermath of the global financial crisis, peaked around the time of the 2013 …

The sensitivity of the main global liquidity components, international loan and bond flows, to global factors varied … the Global Financial Crisis, peaked around the time of the 2013 Fed “taper tantrum”, and then reverted towards pre-crisis … the post-crisis period. We show that the main driver of the fluctuations in the estimated sensitivities to US monetary …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … international bond issuance, the two main components of global liquidity. The sensitivity of both types of flows to U.S. monetary … policy rose substantially in the immediate aftermath of the global financial crisis, peaked around the time of the 2013 …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … international bond issuance, the two main components of global liquidity. The sensitivity of both types of flow to US monetary … policy rose substantially in the immediate aftermath of the Global Financial Crisis, peaked around the time of the 2013 Fed …

vulnerabilities of the institutions providing funding flows. Evidence from across empirical approaches and using granular data …Global liquidity refers to the volumes of financial flows - largely intermediated through global banks and non … provides policy-relevant lessons. International spillovers of monetary policy and risk sentiment through global liquidity …