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1. |
Record Nr. |
UNINA9911091471203321 |
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Autore |
Josephy Alvin M. <1915-2005.> |
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Titolo |
Nez Perce country / / Alvin M. Josephy Jr. ; with an introduction by Jeremy FiveCrows |
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Pubbl/distr/stampa |
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Lincoln, : University of Nebraska Press, c2007 |
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ISBN |
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9786611092467 |
9781281092465 |
1281092460 |
9780803276338 |
0803276338 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (197 p.) |
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Disciplina |
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Soggetti |
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Nez Percé Indians - History |
Nez Percé Indians - Social life and customs |
Northwest, Pacific History |
Northwest, Pacific Social life and customs |
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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 contenuto |
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Before the white man -- Omens of change -- The fur traders -- Agents of change -- Time of crises -- The gathering storm -- War comes to the non-treaties -- Aftermath -- Today. |
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Sommario/riassunto |
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The rivers, canyons, and prairies of the Columbia Basin are the homeland of the Nez Perce. The story of how western settlement drastically affected the Nimiipuu is one of the great and at times tragic sagas of American history. This work describes the Nez Perce or Nimiipuu's attachment to the land and their way of life, religion, and culture. |
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2. |
Record Nr. |
UNINA9911089513903321 |
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Autore |
Gonçalves Fernando M |
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Titolo |
Accumulating Foreign Reserves Under Floating Exchange Rates / / Fernando M. Gonçalves |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2008 |
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ISBN |
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9786612840517 |
9781462366903 |
1462366902 |
9781452702674 |
1452702675 |
9781451869576 |
1451869576 |
9781282840515 |
1282840517 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (43 p.) |
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Collana |
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IMF Working Papers |
IMF working paper ; ; WP/08/96 |
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Disciplina |
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Soggetti |
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Foreign exchange rates - Econometric models |
Bank reserves - Econometric models |
Monetary policy - Econometric models |
Banking |
Banks and Banking |
Currency |
Deflation |
Foreign exchange intervention |
Foreign exchange reserves |
Foreign Exchange |
Foreign exchange |
Inflation targeting |
Inflation |
Institutional arrangements for revenue administration |
Macroeconomics |
Monetary economics |
Monetary Policy |
Monetary policy |
Money and Monetary Policy |
Price Level |
Prices |
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Public finance & taxation |
Public Finance |
Reserves accumulation |
Revenue |
Taxation, Subsidies, and Revenue: General |
Central banks |
Revenue administration |
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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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Description based upon print version of record. |
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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; 1. Introduction; 2. Theoretical Model: Basic Set-up; 3. Complete Information; 3.1. Centralization; 3.2. Institutional Arrangements in Practice; 3.3. Separation; 3.4. Centralization versus Separation; 4. Incomplete Information; 4.1. Stage 1: Centralization versus Separation; Figures; 1. Timetable; 4.2. Stage 0: Centralization versus Separation; 5. Comparative Analysis Under Incomplete Information; 5.1. Simulation of Stage 0 Parameters; 2. Simulation of Stage 0 Parameters; 5.2. The Trade-off Between Reserve Accumulation and Credibility Building; 5.3. Centralization versus Separation |
5.3.1. Macroeconomic Stability3. Macroeconomic Stability - Centralization versus Separation; 5.3.2. Reserve Targeting; 4. Reserve Targeting - Centralization versus Separation; 5.3.3. Discussion; 6. Concluding Remarks; References; Appendix; Proof of Proposition 1; Proof of Corollary 1 |
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Sommario/riassunto |
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Official accumulation of foreign reserves may be perceived as interventions to influence the exchange rate, undermining the credibility of floating exchange rates and inflation targets. This paper develops a theoretical framework to study the interaction between reserve accumulation and monetary policy. The model uncovers a trade-off between the speed of reserve accumulation and anti-inflationary credibility. Under reasonable assumptions, delegation of intervention and monetary policy decisions to separate government agencies allows faster reserve accumulation, while centralization of these decisions results in a more stable economy. The analysis underscores the importance of rather overlooked institutional features of policymaking in open economies. |
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