International Reserves-Too Much of a Zipf's Thing /
Concentrated distribution of international reserves is puzzling. I show that the growth rates of international reserves bear only a very weak relationship to their initial stocks (scaled by GDP or in absolute terms), and that, by implication, the cross-sectional distribution of reserves conforms to...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2008/011 |
Acesso em linha: | Full text available on IMF |