The Currency Composition of International Reserves, Demand for International Reserves, and Global Safe Assets
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https://www.nber.org/papers/w25934
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资源简介：
This paper examines determinants of the international reserves (IR) currency composition before and after the Global Financial Crisis (GFC). Applying the annual data of 58 countries, we confirm that countries that trade more with the US, euro zone, UK, and Japan, and issue more debt denominated in
提供机构：
美国国家经济研究局
创建时间：
2019-06-01
