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...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2005/081 |
| On-line přístup: | Full text available on IMF |