Table 2

List of variables relating to public liquidity

VariableNotation in graphsDefinition
Bank credit of US commercial banksBank_Credit_Comercial_BanksCredit in the (asset) balance of US commercial banks
Currency in circulation in the USACurrency_in_Circulation_USAPhysical amount of money (Dollars) in circulation within the monetary system of the USA
Deposits in US commercial banksDeposits_Commercial_Banks_USAConsumer deposits held at US commercial banks
Federal fund rateFEDFUNDS_%The federal fund rate is the reference interest rate for the implementation of monetary policy
Reference rate of the ECB (European Central Bank)Reference_Rate_BCEThe rate that commercial banks and financial institutions receive for placing short-term investments with the ECB

Source(s): Table by authors

or Create an Account

Close Modal
Close Modal