1.

Record Nr.

UNINA9911091471203321

Autore

Josephy Alvin M. <1915-2005.>

Titolo

Nez Perce country / / Alvin M. Josephy Jr. ; with an introduction by Jeremy FiveCrows

Pubbl/distr/stampa

Lincoln, : University of Nebraska Press, c2007

ISBN

9786611092467

9781281092465

1281092460

9780803276338

0803276338

Edizione

[1st ed.]

Descrizione fisica

1 online resource (197 p.)

Disciplina

979.5004/974124

Soggetti

Nez Percé Indians - History

Nez Percé Indians - Social life and customs

Northwest, Pacific History

Northwest, Pacific Social life and customs

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

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.

Sommario/riassunto

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.



2.

Record Nr.

UNINA9911089513903321

Autore

Gonçalves Fernando M

Titolo

Accumulating Foreign Reserves Under Floating Exchange Rates / / Fernando M. Gonçalves

Pubbl/distr/stampa

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

ISBN

9786612840517

9781462366903

1462366902

9781452702674

1452702675

9781451869576

1451869576

9781282840515

1282840517

Edizione

[1st ed.]

Descrizione fisica

1 online resource (43 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/96

Disciplina

332.456

Soggetti

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



Public finance & taxation

Public Finance

Reserves accumulation

Revenue

Taxation, Subsidies, and Revenue: General

Central banks

Revenue administration

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

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

Sommario/riassunto

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.