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The second phase of global liquidity and its impact on emerging economies

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  • Hyun Song Shin

Abstract

The term “global liquidity” is often invoked by emerging market policymakers to denote the global factor that drives cross-border spillovers in financial conditions and credit growth. The term is often used in connection with monetary policy spillovers from advanced economies.
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  • Hyun Song Shin, 2013. "The second phase of global liquidity and its impact on emerging economies," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-10.
    • Handle: RePEc:fip:fedfpr:00011
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    References listed on IDEAS

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    1. Valentina Bruno & Hyun Song Shin, 2013. "Capital Flows, Cross-Border Banking and Global Liquidity," NBER Working Papers 19038, National Bureau of Economic Research, Inc.
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