01809cas a2200277 a 4500 AALejournalIMF013132 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475512793 1018-5941 BD-DhAAL BD-DhAAL Chen, Sally. Exploring the Dynamics of Global Liquidity / Sally Chen, Philip Liu, Andrea Maechler, Chris Marsh. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (47 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores the concept of global liquidity, its measurement and macro-financial importance. We construct two sets of indicators for global liquidity: a quantity series distinguishing between core and noncore liabilities of financial intermediatires and a corresponding price series. Using price and quantity indicators simultaneously, it is possible to distinguish between shocks to the supply and demand for global liquidity, and isolate their impact on the economy. Our results confirm that global liquidity conditions matter for economic and financial stability, and points to indicators whose regular monitoring could be valuable to policymakers.a. Mode of access: Internet Liu, Philip. Maechler, Andrea. Marsh, Chris. IMF Working Papers; Working Paper ; No. 2012/246 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/246/001.2012.issue-246-en.xml IMF e-Library