List of variables relating to international liquidity
| Variable | Notation in graphs | Definition |
|---|---|---|
| Global liquidity | Global_Liquidity(%) | BIS Indicators of global liquidity. Index composed of two indicators: a) international banking assets, essentially bank loans throughout the work, both from other banks and firms and consumers and b) credit to firms and consumers by denomination of currency (USD, EUR, JPY) |
| DXY index | DXY_Index | DXY (US Dollar) index v. a basket of currencies (EURO, YEN, POUND STERLING, etc.). The DXY is a weighted geometric measure |
| Variable | Notation in graphs | Definition |
|---|---|---|
| Global liquidity | Global_Liquidity(%) | BIS Indicators of global liquidity. Index composed of two indicators: a) international banking assets, essentially bank loans throughout the work, both from other banks and firms and consumers and b) credit to firms and consumers by denomination of currency (USD, EUR, JPY) |
| DXY index | DXY_Index | DXY (US Dollar) index v. a basket of currencies (EURO, YEN, POUND STERLING, |
Note(s): Monthly frequency except for the global liquidity indicators that were presented quarterly and were preprocessed for the monthly figures
Source(s): Table by authors
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