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Record Nr. |
UNINA9910788412603321 |
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Autore |
Ranciere Romain |
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Titolo |
The Optimal Level of International Reserves for Emerging Market Countries : : Formulas and Applications / / Romain Ranciere, Olivier Jeanne |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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1-4623-3365-6 |
1-4527-5316-4 |
1-283-36412-3 |
9786613823564 |
1-4519-0942-X |
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Descrizione fisica |
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1 online resource (35 p.) |
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Collana |
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Altri autori (Persone) |
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Soggetti |
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Balance of payments |
Foreign exchange administration |
Exports and Imports |
Finance: General |
Foreign Exchange |
Macroeconomics |
Banks and Banking |
Current Account Adjustment |
Short-term Capital Movements |
International Investment |
Long-term Capital Movements |
International Lending and Debt Problems |
General Financial Markets: General (includes Measurement and Data) |
Macroeconomics: Consumption |
Saving |
Wealth |
Monetary Policy |
International economics |
Finance |
Currency |
Foreign exchange |
Banking |
Sudden stops |
External debt |
Emerging and frontier financial markets |
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Exchange rate arrangements |
Consumption |
Reserve positions |
Central banks |
Reserves accumulation |
Financial markets |
Capital movements |
Debts, External |
Financial services industry |
Economics |
Foreign exchange reserves |
Thailand |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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""Contents""; ""I. INTRODUCTION""; ""II. SUDDEN STOPS AND RESERVES: SOME FACTS""; ""III. THE MODEL""; ""IV. APPLICATIONS""; ""V. EXTENSIONS""; ""VI. CONCLUDING COMMENTS""; ""APPENDIX: COMPUTATIONS""; ""REFERENCES"" |
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Sommario/riassunto |
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We present a model of the optimal level of international reserves for a small open economy that is vulnerable to sudden stops in capital flows. Reserves allow the country to smooth domestic absorption in response to sudden stops, but yield a lower return than the interest rate on the country's long-term debt. We derive a formula for the optimal level of reserves, and show that plausible calibrations can explain reserves of the order of magnitude observed in many emerging market countries. However, the recent buildup of reserves in Asia seems in excess of what would be implied by an insurance motive against sudden stops. |
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2. |
Record Nr. |
UNINA9910969565303321 |
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Titolo |
Stem cell biology / / edited by Daniel R. Marshak, Richard L. Gardner, David Gottlieb |
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Pubbl/distr/stampa |
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Cold Spring Harbor, N.Y., : Cold Spring Harbor Laboratory Press, c2001 |
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Descrizione fisica |
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ix, 550 p. : ill. (some col.) |
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Collana |
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Cold Spring Harbor monograph series ; ; 40 |
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Altri autori (Persone) |
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GardnerRichard L <1943-> (Richard Lavenham) |
GottliebDavid (David I.) |
MarshakDaniel R |
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Disciplina |
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Soggetti |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Based on two meetings held at the Banbury Center of Cold Spring Harbor Laboratory in 1996 and 1999. |
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Nota di contenuto |
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Intro -- Contents -- Preface -- Introduction: Stem Cell Biology -- Differentiated Parental DNA Chain Causes Stem Cell Pattern of Cell- type Switching in Schizosaccharomyces pombe -- On Equivalence Groups and the Notch/ LIN- 12 Communication System -- Cell Cycle Control, Checkpoints, and Stem Cell Biology -- Senescence of Dividing Somatic Cells -- Repopulating Patterns of Primitive Hematopoietic Stem Cells -- The Drosophila Ovary: An In Vivo Stem Cell System -- Male Germ-line Stem Cells -- Primordial Germ Cells as Stem Cells -- Embryonic Stem Cells -- Embryonal Carcinoma Cells as Embryonic Stem Cells -- Trophoblast Stem Cells -- Hematopoietic Stem Cells: Molecular Diversification and Developmental Interrelationships -- Hematopoietic Stem Cells: Lymphopoiesis and the Problem of Commitment Versus Plasticity -- The Hemangioblast -- Mesenchymal Stem Cells of Human Adult Bone Marrow -- Fate Mapping of Stem Cells -- Stem Cells and Neurogenesis -- Epidermal Stem Cells -- Liver Stem Cells -- Pancreatic Stem Cells -- Stem Cells in the Epithelium of the Small Intestine and Colon -- Index. |
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Sommario/riassunto |
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Stem cells are the focus of intense interest from a growing, multidisciplinary community of investigators with tools for isolating and characterizing these elusive cell types. This volume, which features |
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contributions from many of the world's leading laboratories, provides a broad and authoritative basis for understanding the biology of stem cells and the excitement about their potential for clinical exploitation. It should be a useful work of reference for investigators in embryology, hematology, and neurobiology, and their collaborators in the emerging field of regenerative medicine. |
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