Summary of Understanding Global Liquidity

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Understanding Global Liquidity summary
Start getting smarter:
or see our plans

Rating

7 Overall

6 Importance

8 Innovation

6 Style

Recommendation

Econometric analysis forms the main body of this crisp, efficient academic paper about “global liquidity.” Economists Sandra Eickmeier, Leonardo Gambacorta and Boris Hofmann contend that three main factors contribute to global liquidity: “global monetary policy, global credit supply” and “global credit demand.” They identify patterns in the interrelationships among them over time, particularly in the run-up to and the aftermath of the 2008 crisis. Though not radical, their conclusions show how data-managing econometric techniques can support economic conclusions. getAbstract recommends their clear insights as aids in exploring the largely uncharted subject of global liquidity.

In this summary, you will learn

  • What the concept of “global liquidity” is,
  • Which three factors drive global liquidity and
  • How these factors relate to each other at critical times.
 

About the Authors

Sandra Eickmeier is an economist at the Deutsche Bundesbank. Leonardo Gambacorta and Boris Hofmann are economists at the Bank for International Settlements.

 

Summary

As globalization and deregulation have led to ever-growing cross-border financial activity, so do financial conditions and crises now transcend national frontiers. Many analyses of the 2008 financial crisis and its aftermath focus on “global liquidity,” an indeterminate notion, as a significant factor...

Get the key points from this report in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

Customers who read this summary also read

More by category