Example: barber
Search results with tag "The global financial cycle"
DILEMMA NOT TRILEMMA: THE GLOBAL FINANCIAL CYCLE …
www.nber.orgDilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence Hélène Rey NBER Working Paper No. 21162 May 2015, Revised February 2018 JEL No. E5,F02,F33,G15 ABSTRACT There is a global financial cycle in capital flows, asset prices and in credit growth. This cycle co moves with the VIX, a measure of uncertainty and risk ...