1.

Record Nr.

UNINA9910788404303321

Autore

Gonzalez-Garcia Jesus

Titolo

The IMF’s Reserves Template and Nominal Exchange Rate Volatility / / Jesus Gonzalez-Garcia, John Cady

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-6593-0

1-4527-4811-X

1-283-51511-3

9786613827562

1-4519-0987-X

Descrizione fisica

1 online resource (24 p.)

Collana

IMF Working Papers

Altri autori (Persone)

CadyJohn

Soggetti

Foreign exchange rates - Econometric models

Foreign exchange - Econometric models

Exports and Imports

Finance: General

Foreign Exchange

Data Transmission Systems

Methodology for Collecting, Estimating, and Organizing Macroeconomic Data

Data Access

Portfolio Choice

Investment Decisions

International Lending and Debt Problems

Currency

Foreign exchange

Data capture & analysis

Finance

International economics

Exchange rates

Foreign currency liquidity

Data dissemination

Special Data Dissemination Standard (SDDS)

Debt burden

Data transmission systems

Liquidity

Economics

Debts, External



New Zealand

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"December 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. DATA AND ESTIMATION METHODOLOGY""; ""III. CONCLUSION""; ""APPENDIX I: DATA, MODEL SELECTION, AND ROBUSTNESS""; ""REFERENCES""

Sommario/riassunto

The effects of the adoption of the IMF's International Reserves and Foreign Currency Liquidity Data Template on nominal exchange rate volatility are investigated for 48 countries. Estimation of panel data models indicates that nominal exchange rate volatility decreases following dissemination of reserves template data while the effects of indebtedness and reserve adequacy on volatility exhibit statistically significant changes.