International Reserves: Precautionary versus Mercantilist Views, Theory and Evidence
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https://www.nber.org/papers/w11366
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资源简介：
This paper tests the importance of precautionary and mercantilist motives in accounting for the hoarding of international reserves by developing countries, and provides a model that quantifies the welfare gains from optimal management of international reserves. While the variables associated with
提供机构：
美国国家经济研究局
创建时间：
2005-05-01
