A fiscal price tag for international reserves /
Saved in:
| Author / Creator: | Hauner, David, author. |
|---|---|
| Imprint: | Washington, D.C. : International Monetary Fund, Fiscal Affairs Dept., ©2005. |
| Description: | 1 online resource (29 pages) : illustrations |
| Language: | English |
| Series: | IMF working paper, 2227-8885 ; WP/05/81 IMF working paper ; WP/05/81. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496274 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 no.05/81 | |
| 100 | 1 | |a Hauner, David, |e author. | |
| 245 | 1 | 2 | |a A fiscal price tag for international reserves / |c prepared by David Hauner. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, Fiscal Affairs Dept., |c ©2005. | ||
| 300 | |a 1 online resource (29 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/05/81 | |
| 500 | |a "April 2005." | ||
| 504 | |a Includes bibliographical references (pages 28-29). | ||
| 520 | 3 | |a This paper examines the (quasi- )fiscal impact of the (opportunity) cost of international reserves. It proposes a conceptual framework, with particular emphasis on two hitherto somewhat neglected aspects: a more appropriate measure of gross opportunity cost, and potential savings from lower external debt spreads that countries "buy" by holding reserves. The framework is then applied to 100 countries over 1990-2004. The results suggest that a turning point has been reached in recent years: while most countries made money on their reserves during 1990-2001, most have been losing money during 2002-04 | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a 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. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. CONCEPTUAL FRAMEWORK -- III. THE (OPPORTUNITY) COST OF RESERVES IN A HUNDRED COUNTRIES -- IV. CONCLUSIONS -- REFERENCES | |
| 546 | |a English. | ||
| 650 | 0 | |a Bank reserves |x Econometric models. | |
| 650 | 0 | |a Opportunity costs |x Econometric models. | |
| 650 | 0 | |a Debts, External |x Econometric models. | |
| 650 | 6 | |a Banques |x Réserves |x Modèles économétriques. | |
| 650 | 6 | |a Coût d'opportunité |x Modèles économétriques. | |
| 650 | 6 | |a Dettes extérieures |x Modèles économétriques. | |
| 650 | 7 | |a Bank reserves |x Econometric models. |2 fast |0 (OCoLC)fst00826778 | |
| 650 | 7 | |a Debts, External |x Econometric models. |2 fast |0 (OCoLC)fst00888832 | |
| 655 | 4 | |a Electronic books. | |
| 710 | 2 | |a International Monetary Fund. |b Fiscal Affairs Department, |e issuing body. | |
| 776 | 0 | 8 | |i Print version: |a Hauner, David. |t Fiscal price tag for international reserves. |d Washington, D.C. : International Monetary Fund, Fiscal Affairs Dept., ©2005 |w (OCoLC)60329938 |
| 830 | 0 | |a IMF working paper ; |v WP/05/81. | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2005/081/001.2005.issue-081-en.xml |y INTERNATIONAL MONETARY FUND |
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| 928 | |t Library of Congress classification |a HG3881.5.I58W67 no.05/81 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2005/081/001.2005.issue-081-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12140297 | ||