Precautionary Reserves : An Application to Bolivia /

Using precautionary savings models we compute levels of optimal reserves for Bolivia. Because of Bolivia's reliance on commodity exports and little integration with capital markets, we focus on current account shocks as the key balance of payments risk. These models generate an optimal level of...

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Xehetasun bibliografikoak
Egile nagusia: Valencia, Fabian
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/054
Sarrera elektronikoa:Full text available on IMF