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...

Полное описание

Библиографические подробности
Главный автор: Nowak, M.
Другие авторы: Hviding, Ketil, Ricci, Luca
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2004.
Серии:IMF Working Papers; Working Paper ; No. 2004/189
Online-ссылка:Full text available on IMF