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...

Повний опис

Бібліографічні деталі
Автор: Nowak, M.
Інші автори: Hviding, Ketil, Ricci, Luca
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2004.
Серія:IMF Working Papers; Working Paper ; No. 2004/189
Онлайн доступ:Full text available on IMF