International Reserves Management and Capital Mobility in a Volatile World: Policy Considerations and a Case Study of Korea
收藏NBER2004-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10534
下载链接
链接失效反馈官方服务：
资源简介：
This paper characterizes the precautionary demand for international reserves driven by the attempt to reduce the incidence of costly output decline induced by sudden reversal of short-term capital flows. It validates the main predictions of the precautionary approach by investigating changes in the
提供机构：
美国国家经济研究局
创建时间：
2004-06-01
