Capital Inflows, Sterilization, and Commercial Bank Speculation : The Case of the Czech Republic in the Mid-1990's /

The paper analyzes the relationship between large-scale capital inflows and sterilization efforts in the Czech Republic during 1993-96 using a vector autoregression (VAR) model, which consists of domestic credit, foreign reserves, and domestic and foreign interest rates. The analysis finds that desp...

詳細記述

書誌詳細
第一著者: Christensen, Jakob
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2004.
シリーズ:IMF Working Papers; Working Paper ; No. 2004/218
オンライン・アクセス:Full text available on IMF