Data and codes used in the paper "Drivers of the Global Financial Cycle"

Mendeley Data00

We review the literature on the empirical characteristics of the global financial cycle and associated stylized facts on international capital flows, asset prices, risk aversion and liquidity in the f

NBER2021-10-01 更新40

Dollar Safety and the Global Financial Cycle

We develop a model of the global financial cycle with one key ingredient: the international demand for safe dollar assets. The model matches patterns of dollar borrowing and currency mismatch, the U.S

NBER2020-08-01 更新60