Financial Flows and the International Monetary System

被引：144

作者：

Passari, Evgenia

Rey, Helene

机构：

[1] Univ Paris 09, F-75775 Paris 16, France

[2] London Business Sch, London NW1 4SA, England

[3] CEPR, London, England

[4] NBER, Cambridge, MA 02138 USA

来源：

ECONOMIC JOURNAL | 2015年 / 125卷 / 584期

基金：

欧洲研究理事会;

关键词：

WELFARE GAINS; HOME BIAS; POLICY; SHOCKS; BIG;

D O I：

10.1111/ecoj.12268

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We review the findings of the literature on the benefits of international financial flows and find that they are quantitatively elusive. We then present evidence on the existence of a global cycle in gross cross-border flows, asset prices and leverage and discuss its impact on monetary policy autonomy across different exchange rate regimes. We focus in particular on the effect of US monetary policy shocks on the UK's financial conditions.

引用

页码：675 / 698

页数：24

共 50 条

[1] The International Monetary and Financial System
Gourinchas, Pierre-Olivier
Rey, Helene
Sauzet, Maxime
[J]. ANNUAL REVIEW OF ECONOMICS, VOL 11, 2019, 2019, 11 : 859 - 893
[2] Financial crises and the international monetary system
Solchaga, C
[J]. REVISTA DE OCCIDENTE, 1999, (218-19) : 63 - 80
[3] Keynes and the International Monetary and Financial System
Straumann, Tobias
[J]. VSWG-VIERTELJAHRSCHRIFT FUR SOZIAL-UND WIRTSCHAFTSGESCHICHTE, 2021, 108 (04): : 564 - 565
[4] Disruptive financial flows and reform of the international monetary system: How much real progress?
Huissin, AA
[J]. ASIA PACIFIC IN THE NEW MILLENNIUM: POLITICAL AND SECURITY CHALLENGES, 2001, : 115 - 130
[5] Disruptive financial flows and reform of the international monetary system: How much real progress?
Saito, K
[J]. ASIA PACIFIC IN THE NEW MILLENNIUM: POLITICAL AND SECURITY CHALLENGES, 2001, : 107 - 114
[6] Financial crises, liquidity, and the international monetary system
Allen, F
[J]. JOURNAL OF INTERNATIONAL ECONOMICS, 2004, 62 (01) : 233 - 236
[7] ROLE OF FINANCIAL ASSETS IN INTERNATIONAL MONETARY SYSTEM
SALIN, P
[J]. REVUE ECONOMIQUE, 1968, 19 (06): : 1020 - 1041
[8] The impact of financial sanctions on the international monetary system
Xu, Qiyuan
Xiong, Aizong
[J]. CHINA ECONOMIC JOURNAL, 2022, 15 (03) : 253 - 262
[9] Financial Crisis and Reform of International Monetary System
Liu Xuemei
[J]. PROCEEDINGS OF THE 3RD (2011) INTERNATIONAL CONFERENCE ON FINANCIAL RISK AND CORPORATE FINANCE MANAGEMENT, VOLS 1 AND 2, 2011, : 388 - 393
[10] Financial crises, liquidity, and the international monetary system
McKinnon, RI
[J]. ECONOMICA, 2004, 71 (282) : 325 - 326

← 1 2 3 4 5 →