Optimal Reserves in the Eastern Caribbean Currency Union /

Recent turbulence in global and Caribbean regional financial markets underscore the importance of reassessing the adequacy of international reserves held by the Eastern Caribbean Central Bank (ECCB). Using the Jeanne (2007) optimization framework, this paper finds that international reserves held by...

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Bibliographic Details
Main Author: Samuel, Wendell
Other Authors: Dehesa, Mario, Pineda, Emilio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/077
Online Access:Full text available on IMF