doi:10.1109/icmse.2008.4669018ZhangXue-yingExcess Monetary Liquidity and Asset Prices in China: An EmpiricalInvestigation. Zhang X. Management Science and Engineering . 2008
The main contribution of this paper is to identify the relationship between liquidity excess and futures copper price in developing countries. To this end, we compare various measures of liquidity excess and identify one that can measure the degree of li
14.The Study of the Relationship between Chinese Excessive Liquidity and Asset Price;我国流动性过剩与资产价格关系研究 15.Study on the Countermeasure of Monetary Assets Excess Liquidity of Our Country;我国货币资产流动性过剩的对策研究 16.Assets Bubble Pressure under the Background of "Double Surplus" ...
That’s how I see things. I prefer to call step two “monetary equilibrium,” but I don’t really have any substantive disagreement with those insist it should be called “monetary disequilibrium” because goods markets are not clearing. That’s just semantics. To me, disequilibrium is a psy...
However, now that the global economy is in the recovery period of the epidemic, it does not meet the above two conditions. At the same time, the easing from the monetary level is still difficult to produce a significant pull on the demand side. At this time, it is too early to talk ...
Gouteron S,D Szpiro."Excess Monetary Liquidity and Asset Price".Bank of France Working paper No.131. 2005Gouteron,S.,Szpiro,D.Excess monetary liquidity and asset price[R].Bank of France Working Paper,2005 (131).Gouteron,Sylvain,Szpiro,Daniel.“Excess Monetary Liquidity and Asset Prices.”....
liquidityThe end of the internet bubble on equity markets and, more recently, the prolonged strength of house prices in most industrial countries, have brought questionsdoi:10.2139/ssrn.907457Daniel SzpiroSSRN Electronic JournalSylvain Gouteion,Daniel Szpiro.“Excess Monetary Liquidity and Asset Prices....
global liquidityexcess liquidity indicatorsemerging countriesasset pricespvarThe overly accommodating monetary policy is often accused of creating surplus liquidity and bubbles on the asset markets. In particular, it could have contributed to strong capital inflows in emerging countries, which may have had...
Impact of monetary policy, in particular recent unconventional monetary policy measures, on emerging asset returnsUsing panel threshold methodology, evidence of a nonlinear relationship between global excess liquidity and asset returnsGlobal liquidity has a positive impact on asset prices during tranquil ...
Global Excess LiquidityExcess Liquidity IndicatorAsset PriceVector Autoregressive ModelVector Error Correction ModelImpulse Response FunctionSince the early 2000s, global liquidity has experienced very strong growth. Emerging Markets (EMs) have accumulated large foreign exchange reserves while develo...