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R* and the Global Economy

Author

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  • Reuven Glick

    () (Federal Reserve Bank of San Francisco)

Abstract

This paper is a revised version of keynote remarks presented at the conference on “Global Safe Assets, International Reserves, and Capital Flow,” sponsored by the Global Research Unit, Department of Economics and Finance, City University of Hong Kong and the Journal of International Money and Finance, held on May 20-21, 2019. The views expressed here are those of the author and do not necessarily represent those of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System.

Suggested Citation

  • Reuven Glick, 2019. "R* and the Global Economy," GRU Working Paper Series GRU_2019_013, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
  • Handle: RePEc:cth:wpaper:gru_2019_013
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    File URL: https://www.cb.cityu.edu.hk/ef/doc/GRU/WPS/GRU%232019-013%20Glick.pdf
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    References listed on IDEAS

    as
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    4. Gourinchas, Pierre-Olivier & Rey, Hélène, 2016. "Real Interest Rates, Imbalances and the Curse of Regional Safe Asset Providers at the Zero Lower Bound," CEPR Discussion Papers 11503, C.E.P.R. Discussion Papers.
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    7. Mark Carlson & Burcu Duygan-Bump & Fabio Natalucci & Bill Nelson & Marcelo Ochoa & Jeremy Stein & Skander Van den Heuvel, 2016. "The Demand for Short-Term, Safe Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies," International Journal of Central Banking, International Journal of Central Banking, vol. 12(4), pages 307-333, December.
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