International Reserves : Precautionary vs. Mercantilist Views, Theory and Evidence

Precautionary vs. Mercantilist Views, Theory and Evidence

International Reserves : Precautionary vs. Mercantilist Views, Theory and Evidence
This paper compares the importance of precautionary and mercantilist motives in the hoarding of international reserves by developing countries. Overall, empirical results support precautionary motives; in particular, a more liberal capital account regime increases international reserves. Theoretically, large precautionary demand for... READ MORE...

Publication date: October 2005
ISBN 9781451862171
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: October 2005

PDF

Publication date: October 2005

ePub

Publication date: October 2005

Mobi

Publication date: October 2005

English