Contingent reserves management: an applied framework
One of the most serious problems that a central bank in an emerging market economy can face is the sudden reversal of capital inflows (or sudden stops). Hoarding international reserves can be used to smooth the impact of such reversals (see, for example, Lee, 2004), but these reserves are seldom suf...
Enregistré dans:
| Auteurs principaux: | , |
|---|---|
| Format: | Artículo |
| Langue: | eng |
| Publié: |
Banco Central de Chile
2019
|
| Sujets: | |
| Accès en ligne: | https://hdl.handle.net/20.500.12580/3716 |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
Soyez le premier à ajouter un commentaire!