Global liquidity

2021 ◽  
pp. 29-40
Author(s):  
Keyword(s):  
Global Liquidity

World Economy: Prospects and Barriers for Recovery

2012 ◽  
pp. 61-83 ◽  
Author(s):  
M. Ershov
Keyword(s):  
World Economy ◽  
Western World ◽  
Short Time Period ◽  
Market Segments ◽  
Junk Bonds ◽  
The Past ◽  
Time Period ◽  
The Us ◽  
Global Liquidity ◽  
Short Time

According to the latest forecasts, it will take 10 years for the world economy to get back to “decent shape”. Some more critical estimates suggest that the whole western world will have a “colossal mess” within the next 5–10 years. Regulators of some major countries significantly and over a short time‑period changed their forecasts for the worse which means that uncertainty in the outlook for the future persists. Indeed, the intensive anti‑crisis measures have reduced the severity of the past problems, however the problems themselves have not disappeared. Moreover, some of them have become more intense — the eurocrisis, excessive debts, global liquidity glut against the backdrop of its deficit in some of market segments. As was the case prior to the crisis, derivatives and high‑risk operations with “junk” bonds grow; budget problems — “fiscal cliff” in the US — and other problems worsen. All of the above forces the regulators to take unprecedented (in their scope and nature) steps. Will they be able to tackle the problems which emerge?

Global Liquidity Trap

2010 ◽  
Vol 2010 (56) ◽  
Author(s):  
Ippei Fujiwara ◽  
◽  
Nao Sudo ◽  
Tomoyuki Nakajima ◽  
Yuki Teranishi ◽  
...  
Keyword(s):  
Liquidity Trap ◽  
Global Liquidity

scholarly journals Reach for Yield and Fickle Capital Flows

2018 ◽  
Vol 108 ◽  
pp. 493-498 ◽  
Author(s):  
Ricardo J. Caballero ◽  
Alp Simsek
Keyword(s):  
Emerging Markets ◽  
Capital Flows ◽  
Developed Markets ◽  
Global Liquidity

In Caballero and Simsek (2017), we develop a model of fickle capital flows and show that, when countries are similar, international flows create global liquidity and mitigate crises despite their fickleness. In this paper, we focus on the asymmetric situation of Emerging Markets (EM) exchanging flows with Developed Markets (DM) that feature lower returns but less frequent crises. Relatively high DM returns help to mitigate EM crises by reducing fickle inflows and by providing greater liquidity. The situation dramatically changes as the DM returns fall, as this increases the fickle inflows driven by reach for yield and exacerbates EM crises.

The Impact of Policy Decisions on Global Liquidity During the Recent Financial Crisis

2015 ◽  
Vol 20 (2) ◽  
pp. 178-189
Author(s):  
Sait Satiroglu ◽  
Emrah Sener ◽  
Michael Shafer ◽  
Yildiray Yildirim
Keyword(s):  
Financial Crisis ◽  
Policy Decisions ◽  
Global Liquidity ◽  
Recent Financial Crisis ◽  
The Impact

scholarly journals Trends and determinants of raising ECBs in Indian Context

2021 ◽  
Vol 9 (7) ◽  
pp. 01-08
Author(s):  
Ramakant Shukla
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Least Squares Method ◽  
Control Measures ◽  
Capital Control ◽  
Global Liquidity ◽  
Robust Least Squares ◽  
The Exchange Rate ◽  
The Cost ◽  
Interest Rate Differentials

This study examines the effect of capital control measures initiated during the last two decades in terms of all-in-cost ceilings and enhanced limits on ECB in India over the sample period 2004Q1 to 2020Q2. Using global liquidity, the exchange rate between INR/USD, imports and interest rate differentials as control variables and changes in capital control measures from 2008 to 2011 in the all-in-cost ceiling, and changes in the enhanced limits on ECBs from USD 500 million to USD 750 million under the automatic route in 2012, regression analysis of three ECB series show interesting results. Using Robust Least Squares method, we document that (1) the successive increment in all-in-cost ceilings on ECB from 2008 to 2011 is inducing ECBs to flow, indicating that Indian firms benefit more than they pay due to increase the cost for ECBs having maturities 3<5 years. However, such capital control measures are not effective on ECBs having maturities >5 years.  (2) The effect of the enhanced limits on ECBs from USD 500 million to USD 750 million under the automatic route in 2012 has a pronounced impact on ECB, averaging 1602.1 USD million per quarter. We observed that CCAs in India are initiated in response to the volatility of the exchange rate and global liquidity, imports, and interest rate differentials are significant variables in India's required capital control actions.

scholarly journals Modeling of Crisis Processes in the Financial Market

Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 144
Author(s):  
Vera Ivanyuk
Keyword(s):  
Early Detection ◽  
Financial Market ◽  
Global Economy ◽  
Econometric Model ◽  
Continuous Series ◽  
The World ◽  
Global Liquidity

Global liquidity shortage as well as the availability on the market of overpriced assets and derivatives led to the situation where the global economy depends primarily on liquidity, becoming prone to chain-consistent world crises. Only for the last 15 years, the world has witnessed a continuous series of crises. Therefore, the study of the processes and phenomena of crisis is one of the most important scientific and practical tasks. The aim of this work consisted in the development of methods and models for the early detection of crises in the economy. The significance of the work is to develop an econometric model and tools for detection of crisis.

scholarly journals The Three Phases of Global Liquidity

2014 ◽  
pp. 7-44
Author(s):  
Iwan J. Azis ◽  
Hyun Song Shin
Keyword(s):  
Global Liquidity ◽  
Three Phases
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