Does It Matter How Central Banks Accumulate Reserves? Evidence from Sovereign Spreads
收藏NBER2021-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28973
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资源简介：
There has been substantial research on the benefits of accumulating foreign reserves, but less on the relative merits of how these reserves are accumulated. In this paper we explore whether the form of accumulation affects country risk. We first present a model of endogenous sovereign debt defaults,
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
