Can Higher Reserves Help Reduce Exchange Rate Volatility? /

This paper studies the role of an increase in foreign exchange reserves in reducing currency volatility for emerging market countries. The study employs a panel of 28 countries over the period 1986-2002. Several control variables are introduced in the regressions to account for other factors affecti...

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Detalles Bibliográficos
Autor principal: Nowak, M.
Otros Autores: Hviding, Ketil, Ricci, Luca
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2004.
Colección:IMF Working Papers; Working Paper ; No. 2004/189
Acceso en línea:Full text available on IMF