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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Hauner, David
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2005.
Cyfres:IMF Working Papers; Working Paper ; No. 2005/081
Mynediad Ar-lein:Full text available on IMF