1.

Record Nr.

UNINA9910464002203321

Autore

Kim Jun (Jun Il)

Titolo

Sudden stops and optimal self-insurance [[electronic resource] /] / prepared by Jun Il Kim

Pubbl/distr/stampa

Washington, D.C., : International Monetary Fund, Research Dept., 2008

ISBN

1-4623-8001-8

1-4527-8137-0

1-4518-7002-7

1-282-84095-9

9786612840951

Descrizione fisica

1 online resource (36 p.)

Collana

IMF working paper ; ; WP/08/144

Soggetti

Bank reserves - Developing countries - Econometric models

Financial crises - Developing countries - Econometric models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"June 2008."

Nota di bibliografia

Includes bibliographical references (p. 34).

Nota di contenuto

Contents; I. Introduction; II. The Model; III. Model Calibration; IV. Concluding Remarks; Text Tables; 1. Actual and Calibrated Optimal Reserves for Selected EM Countries: 1993-2006; 2. Implied Probability of a Sudden Stop for Selected EM Countries: 1994-2007; 3. IMF Arrangements for Selected EM Countries: 1993-2006; Text Figures; 1. Actual and Calibrated Optimal Reserves for Selected EM Countries: 1993-; A. Latin America; B. Asia, Russia and Turkey; 2. Implied Probability of a Sudden Stop for Selected EM Countries: 1994-; A. Latin America; B. Asia, Russia and Turkey

3. Actual θ and Default Threshold θ* for Selected EM Countries: 1993-A. Latin America; B. Asia, Russia and Turkey; 4. Sources of Reserve Accumulation for Selected EM Countries: 1993-; A. Latin America; B. Asia, Russia and Turkey; Appendix: Creditor Coordination Problem; References

Sommario/riassunto

This paper presents a simple model of optimal reserves that can be easily calibrated to compute optimal reserves as well as the implied probability of a sudden stop for given reserves. The model builds upon



the global games framework of Morris and Shin to establish a unique relationship between the probability of a sudden stop and the level of reserves. The calibration results for 15 selected emerging market countries in Latin America, Asia and other regions over the sample period of 1993-2006 suggest that the risk of sudden stops may have declined to a low level in recent years in all countri

2.

Record Nr.

UNINA9910783280103321

Autore

Nelson Dave <1937->

Titolo

The incredible payback [[electronic resource] ] : innovative sourcing solutions that deliver extraordinary results / / Dave Nelson, Patricia E. Moody, Jonathan R. Stegner

Pubbl/distr/stampa

New York, : AMACOM, c2005

ISBN

0-8144-2853-3

Descrizione fisica

xiii, 270 p. : ill

Altri autori (Persone)

MoodyPatricia E

StegnerJonathan <1954->

Disciplina

658.7/2

Soggetti

Industrial procurement

Purchasing

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Title from title screen.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

The incredible payback -- Ten common mistakes -- How to build a fair advantage and capture the incredible payback -- Working with suppliers -- Developing incredible payback people, organizations, and systems -- Metrics for the incredible payback -- Incredible payback conclusions -- An epilogue from Dave Nelson.