Hidden Bibliographic Details
| Other authors / contributors: | Pineda, Emilio, 1974- author.
Samuel, Wendell, author.
International Monetary Fund. Western Hemisphere Department.
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| ISBN: | 1462320465
9781462320462
1452782369
9781452782362
1282842986
9781282842984
1451872240
9781451872248
9786612842986
6612842989
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| Digital file characteristics: | text file
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| Notes: | Includes bibliographical references (pages 18-20).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Recent turbulence in global and Caribbean regional financial markets underscore the importance of reassessing the adequacy of international reserves held by the Eastern Caribbean Central Bank (ECCB). Using the Jeanne (2007) optimization framework, this paper finds that international reserves held by the ECCB are generally adequate for a variety of external current account and capital account shocks. However, the ECCB would be challenged in the event of moderate to severe deposit outflows.
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| Other form: | Print version: Dehesa, M. (Mario). Optimal reserves in the Eastern Caribbean Currency Union. [Washington, DC] : International Monetary Fund (IMF), ©2009
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