Brandao-Marques, Luis, Gelos, Gaston, (2016), “Resilience of market liquidity”, Voxeu, 18 Ιανουαρίου.
Concerns about both the level of bond market liquidity and its fragility have risen lately, prompted partly by events such as the October 2014 Treasury bond flash rally in the US, or the April 2015 Bund tantrum in Europe. This column assesses current market liquidity and resilience, discerning several key policy recommendations from the evidence.
Σχετικές Αναρτήσεις
- Kay, John, (2015), “Liquidity Helps Financial Market Participants, Not Businesses And Households”, Social Europe, 1 Δεκεμβρίου.
- International Monetary Fund (2014) Global Financial Stability Report – Moving from Liquidity- to Growth-Driven Markets, World Economic and Financial Surveys, Απρίλιος.