Procyclicality in Central Bank Reserve Management : Evidence from the Crisis /

A decade-long diversification of official reserves into riskier investments came to an abrupt end at the beginning of the global financial crisis, when many central bank reserve managers started to withdraw their deposits from the banking sector in an apparent flight to quality and safety. We estima...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Pihlman, Jukka
مؤلفون آخرون: Hoorn, Han
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/150
الوصول للمادة أونلاين:Full text available on IMF