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Global risk conditions now a weaker driver of global liquidity

March 20, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_7 /by euitsols

Global factors, including the monetary policy of advanced economies and global risk sentiment, are important drivers of international capital flows (Forbes and Warnock 2012, Miranda-Agrippino and Rey 2015, Cerutti et al. 2017a, Cerutti et al. 2017b). But how does the sensitivity to such global…

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