Are Emerging Asia's Reserves Really Too High? /

Empirical analysis does not suggest that reserves are "too high" in the majority of Asian countries, though China may be a special case. Much of the reserve increase in Asia can be explained by an optimal insurance model under which reserves provide a steady source of liquidity to cushion...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Ruiz-Arranz, Marta
Awduron Eraill: Zavadjil, Milan
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/192
Mynediad Ar-lein:Full text available on IMF