Loading…

International reserves and self-insurance against external shocks /

This paper develops an analytical framework that helps to quantify the optimal level of international reserves for a small open economy with limited access to foreign capital and subject to natural disasters or terms of trade shocks. International reserves allow the country to relieve balance of pay...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Barnichon, Régis (Author)
Corporate Author: International Monetary Fund. Policy Development and Review Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, Policy Development and Review Dept., 2008.
Series:IMF working paper ; WP/08/149.
Subjects:
Online Access:Texto completo