classes and consumer goods. -- global liquidity ; inflation control ; monetary policy transmission ; asset prices …Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates …

consumer goods. -- Global liquidity ; inflation control ; monetary policy transmission ; asset prices …Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates …

, money (defined as a global liquidity aggregate) is still a key factor to determine the long-run homogeneity of commodity … considerations. The inclusion of commodity prices helps to identify a significant monetary transmission process from global liquidity … clear empirical pattern it appears justified to argue that global liquidity merits attention in the same way as the …

, money (defined as a global liquidity aggregate) is still a key factor to determine the long-run homogeneity of commodity … considerations. The inclusion of commodity prices helps to identify a significant monetary transmission process from global liquidity … clear empirical pattern it appears justified to argue that global liquidity merits attention in the same way as the …

; however, while global liquidity shocks lead to relatively fast responses in global house prices, significant responses of the …