The system will be going down for regular maintenance. Please save your work and logout.
Notice
This is not the latest version of this item. The latest version can be found at: https://oskar-bordeaux.fr/handle/20.500.12278/170615.2
The Effects of Global Liquidity on Global Imbalances
| dc.rights.license | open | en_US |
| hal.structure.identifier | Laboratoire d'analyse et de recherche en économie et finance internationales [Larefi] | |
| dc.contributor.author | DJIGBENOU, Marie-Louise | |
| dc.contributor.author | PARK, Hail | |
| dc.date.accessioned | 2022-12-13T16:36:44Z | |
| dc.date.available | 2022-12-13T16:36:44Z | |
| dc.identifier.uri | oai:crossref.org:10.2139/ssrn.2664373 | |
| dc.identifier.uri | oai:crossref.org:10.1016/j.iref.2015.10.019 | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/170615 | |
| dc.description.abstractEn | This paper examines how global liquidity responds to a US (United States) monetary policy shock, and whether global liquidity has effects on global imbalances. To this end we estimate regression and Panel-VARX models using data from the G5 (US, United Kingdom, Euro area, Japan and Canada) and 20 emerging countries. The empirical results show that global liquidity is meaningfully affected by a US monetary shock, and that the effects on global imbalances of global liquidity are significant. The foreign exchange reserves of emerging economies are also found to play a significant role related to global imbalances. | |
| dc.language.iso | EN | en_US |
| dc.source | crossref | |
| dc.subject.en | Global liquidity | |
| dc.subject.en | Global imbalances | |
| dc.subject.en | Panel-VARX | |
| dc.subject.en | US monetary shock | |
| dc.subject.en | Spillover effect | |
| dc.title.en | The Effects of Global Liquidity on Global Imbalances | |
| dc.type | Document de travail - Pré-publication | en_US |
| dc.identifier.doi | 10.2139/ssrn.2664373 | en_US |
| dc.subject.hal | Sciences de l'Homme et Société/Economies et finances | en_US |
| dc.subject.jel | E - Macroeconomics and Monetary Economics::E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit::E51 - Money Supply; Credit; Money Multipliers | en_US |
| dc.subject.jel | F - International Economics::F3 - International Finance::F30 - General | en_US |
| dc.subject.jel | F - International Economics::F3 - International Finance::F33 - International Monetary Arrangements and Institutions | en_US |
| bordeaux.page | 1-12 | en_US |
| bordeaux.hal.laboratories | Laboratoire d'analyse et de recherche en économie et finance internationales (LAREFI) - EA2954 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.institution | CNRS | en_US |
| bordeaux.import.source | dissemin | |
| hal.identifier | hal-03897233 | |
| hal.version | 1 | |
| hal.date.transferred | 2022-12-13T16:36:46Z | |
| hal.export | true | |
| workflow.import.source | dissemin | |
| dc.rights.cc | Pas de Licence CC | en_US |
| bordeaux.COinS | ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.spage=1-12&rft.epage=1-12&rft.au=DJIGBENOU,%20Marie-Louise&PARK,%20Hail&rft.genre=preprint |
Files in this item
| Files | Size | Format | View |
|---|---|---|---|
|
There are no files associated with this item. |
|||