Foreign Reserves Management and Original Sin
收藏NBER2022-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30418
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资源简介：
This paper studies the interaction between foreign exchange reserves and the currency composition of sovereign debt in emerging countries. Focusing on inflation targeting countries, we find that holdings of foreign reserves are associated with higher local currency sovereign debt, an exchange rate
提供机构：
美国国家经济研究局
创建时间：
2022-09-01
