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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Autore principale: Samuel, Wendell
Altri autori: Dehesa, Mario, Pineda, Emilio
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/077
Accesso online:Full text available on IMF