This paper provides an overview of indicators that can be used to illustrate and analyze liquidity developments in … aspects of market liquidity, namely tightness (costs), immediacy, depth, breadth, and resiliency. These measures are applied …''s degree of liquidity and because market-specific factors and peculiarities must be considered …

constraints that, under certain conditions, justify the public supply of liquidity. The paper suggests applications with respect …

This paper examines the pattern of excess liquidity in sub-Saharan Africa and its consequences for the effectiveness of … monetary policy. The paper argues that understanding the consequences of excess liquidity requires quantifying the extent to … which commercial bank holdings of excess liquidity exceed levels required for precautionary purposes. It proposes a …

This paper develops a model that focuses on the interaction of liquidity creation by financial intermediaries with …

Much recent commentary suggests that global liquidity has influenced financial conditions in the major international … markets to an important degree, and that excess liquidity in one financial center can influence financial conditions elsewhere …. Little formal research has addressed these issues, however. In this paper, we use three indexes of liquidity (money growth …