A Fiscal Price Tag for International Reserves /

This paper examines the (quasi-)fiscal impact of the (opportunity) cost of international reserves. It proposes a conceptual framework, with particular emphasis on two hitherto somewhat neglected aspects: a more appropriate measure of gross opportunity cost, and potential savings from lower external...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Hauner, David
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2005.
סדרה:IMF Working Papers; Working Paper ; No. 2005/081
גישה מקוונת:Full text available on IMF