Holding international reserves in an era of high capital mobility /
Saved in:
Author / Creator: | Flood, Robert P. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2002. |
Description: | 1 online resource (52 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/02/62 IMF working paper ; WP/02/62. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497768 |
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050 | 4 | |a HG3881.5.I58 |b W67 no.02/62 | |
100 | 1 | |a Flood, Robert P. | |
245 | 1 | 0 | |a Holding international reserves in an era of high capital mobility / |c Robert Flood and Nancy Marion. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2002. | ||
300 | |a 1 online resource (52 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/02/62 | |
504 | |a Includes bibliographical references (pages 49-52). | ||
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. | |
520 | 8 | |a Annotation |b Why do countries hold so much international reserves? Global reserve holdings (excluding gold) were equivalent to 17 weeks of imports at the end of 1999. That is almost double what they were at the end of 1960 and about 20 percent higher than they were at the start of the 1990s. In this paper we study countries reserve holdings in light of both the increased financial volatility experienced in the last decade and diminished adherence to fixed exchange rates. We find that buffer-stock reserve models work about as well in the modern floating-rate period as they did during the Bretton Woods regime. During both periods, however, the models fundamentals explain only a small portion (10-15 percent) of reserves volatility. | |
546 | |a English. | ||
650 | 0 | |a Banks and banking, Central |x Econometric models. | |
650 | 0 | |a Bank reserves |x Econometric models. | |
650 | 0 | |a Capital movements |x Econometric models. | |
650 | 6 | |a Banques centrales |x Modèles économétriques. | |
650 | 6 | |a Banques |x Réserves |x Modèles économétriques. | |
650 | 6 | |a Mouvements de capitaux |x Modèles économétriques. | |
650 | 7 | |a Bank reserves |x Econometric models. |2 fast |0 (OCoLC)fst00826778 | |
650 | 7 | |a Banks and banking, Central |x Econometric models. |2 fast |0 (OCoLC)fst00827041 | |
650 | 7 | |a Capital movements |x Econometric models. |2 fast |0 (OCoLC)fst00846376 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Marion, Nancy Peregrim. | |
710 | 2 | |a International Monetary Fund. |b Research Department. |0 http://id.loc.gov/authorities/names/n77001219 | |
776 | 0 | 8 | |i Print version: |a Flood, Robert P. |t Holding international reserves in an era of high capital mobility. |d [Washington, D.C.] : International Monetary Fund, ©2002 |w (OCoLC)49696110 |
830 | 0 | |a IMF working paper ; |v WP/02/62. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2002/062/001.2002.issue-062-en.xml |y INTERNATIONAL MONETARY FUND |
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928 | |t Library of Congress classification |a HG3881.5.I58W67 no.02/62 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2002/062/001.2002.issue-062-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12141810 |