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...
Autor principal: | |
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2004/189 |
Acesso em linha: | Full text available on IMF |