Accumulating Foreign Reserves Under Floating Exchange Rates / / Fernando M. Gonçalves |
Autore | Gonçalves Fernando M |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (43 p.) |
Disciplina | 332.456 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Foreign exchange rates - Econometric models
Bank reserves - Econometric models Monetary policy - Econometric models Banks and Banking Foreign Exchange Inflation Money and Monetary Policy Public Finance Monetary Policy Price Level Deflation Taxation, Subsidies, and Revenue: General Monetary economics Macroeconomics Banking Currency Foreign exchange Public finance & taxation Inflation targeting Reserves accumulation Foreign exchange intervention Institutional arrangements for revenue administration Monetary policy Prices Foreign exchange reserves Revenue |
ISBN |
1-4623-6690-2
1-4527-0267-5 1-4518-6957-6 1-282-84051-7 9786612840517 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
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 |
Record Nr. | UNINA-9910788246003321 |
Gonçalves Fernando M
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Are Emerging Asia’s Reserves Really Too High? / / Marta Ruiz-Arranz, Milan Zavadjil |
Autore | Ruiz-Arranz Marta |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Disciplina | 332.456095 |
Altri autori (Persone) | ZavadjilMilan |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Foreign exchange administration - Asia
Foreign exchange - Asia Capital movements - Asia Banks and Banking Exports and Imports International Investment Long-term Capital Movements Monetary Policy International Lending and Debt Problems International economics Banking Capital flows Sudden stops External debt Reserves accumulation International reserves Capital movements Foreign exchange reserves Debts, External |
ISBN |
1-4623-3662-0
1-4527-7632-6 1-4518-7050-7 9786612841439 1-282-84143-2 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Developments in Reserve Adequacy Indicators; Tables; 1. Volatilities of Capital Flows in Asia-Pacific Economies; Box 1: Why Scale Reserves by Gross External Liabilities?; III. An Insurance Model of Optimal Reserves; 2. Output Loss in Asian Crisis; 3. Interest Rate Spreads; 4. Estimated Sterilization Financing Costs; 5. Foreign Reserves Levels: Optimal Vs. Actual; IV. A Threshold Model of Spreads-Reserves Elasticity; 6. Thresholds in the Spreads-Reserves Relations; V. Conclusions
7. Threshold Estimates of the Elasticity of EMBI Spreads with Respect to International Reserves Traditional Indicators 8. Threshold Estimates of the Elasticity of EMBI Spreads with Respect to International Reserves New Indicators; Figures; 1. Reserves in U.S. dollar, 1990-2007; 2. Reserves in percent of GDP, 1990-2007; 3. Reserves in months of exports of goods and services, 1990-2007; 4. Reserves in percent of short-term debt, 1990-2007; 5. Reserves in percent of gross external liabilities, 1990-2007; 6. Asia Emerging Markets: External Liabilities, 1990-2006 7. Reserves in percent of broad money, 1990-2007 8. Reserves to Financial System Deposits, Equities, and Bonds, 1990-2005; 9. The Optimal Level of International Reserves, 2007; 10. Optimal vs. Actual Levels of International Reserves in Asia; 11. The Optimal Level of International Reserves and Traditional Reserve Adequacy Indicators; 12. International Reserves and Threshold Estimates; Appendix; A.1. Variable Definitions and Sources; A.2. Summary Statistics; References |
Record Nr. | UNINA-9910788232503321 |
Ruiz-Arranz Marta
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Balance of Payments Anti-Crises / / Isabel Yan, Michael Kumhof |
Autore | Yan Isabel |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (23 p.) |
Altri autori (Persone) | KumhofMichael |
Collana | IMF Working Papers |
Soggetto topico |
Balance of payments
Foreign exchange Banks and Banking Foreign Exchange Inflation Money and Monetary Policy Open Economy Macroeconomics Monetary Policy Central Banks and Their Policies Comparative or Joint Analysis of Fiscal and Monetary Policy Stabilization Treasury Policy Price Level Deflation Interest Rates: Determination, Term Structure, and Effects Monetary economics Currency Macroeconomics Banking Finance Inflation targeting Exchange rates International reserves Zero lower bound Monetary policy Prices Central banks Reserves accumulation Foreign exchange reserves Interest rates |
ISBN |
1-4623-3054-1
1-4527-3493-3 1-4518-7281-X 9786612843488 1-282-84348-6 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Contents; I. Introduction; II. The Model; A. Households; B. Firms; C. Government; D. Equilibrium; E. Government Revenue Shock; III. Model Solution; A. Parameter Values; B. Solution Method; IV. Anti-Crises; V. Conclusion; References; Figures; 1. China and Colombia-Reserves and Inflation; 2. Chile, Norway and Russia - Reserves and Inflation; 3. (a) Anti-Crisis - Overview; 3. (b) Anti-Crisis - Labor Market; 3. (c) Anti-Crisis - Government Budget; 3. (d) Anti-Crisis - Price Levels and Inflation Rates |
Record Nr. | UNINA-9910788332303321 |
Yan Isabel
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Financial Versus Monetary Mercantilism : : Long-Run View of Large International Reserves Hoarding / / Jaewoo Lee, Joshua Aizenman |
Autore | Lee Jaewoo |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (24 p.) |
Altri autori (Persone) | AizenmanJoshua |
Collana | IMF Working Papers |
Soggetto topico |
Mercantile system - East Asia - Mathematical models
Balance of trade - East Asia Banks and Banking Financial Risk Management Foreign Exchange Industries: Financial Services Monetary Policy Financial Institutions and Services: General Financial Crises Banking Economic & financial crises & disasters Currency Foreign exchange International reserves Financial sector Reserves accumulation Financial crises Real exchange rates Foreign exchange reserves Financial services industry |
ISBN |
1-4623-7199-X
1-4527-8948-7 1-282-56518-4 9786613822512 1-4519-0993-4 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. OVERVIEW""; ""II. FINANCIAL VERSUS MONETARY MERCANTILISM OVER THE DECADES: 1970� 2005""; ""III. THE HAZARD OF COMPETITIVE HOARDING""; ""IV. BANK FRAGILITY: ON THE OBSERVATION EQUIVALENCE OF MONETARY MERCANTILISM AND SELF- INSURANCE""; ""V. CONCLUSION""; ""REFERENCES"" |
Record Nr. | UNINA-9910788518703321 |
Lee Jaewoo
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Managing Large-Scale Capital Inflows : : The Case of the Czech Republic, Poland and Romania / / Leonor Keller, Ibrahim Chowdhury |
Autore | Keller Leonor |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (26 p.) |
Altri autori (Persone) | ChowdhuryIbrahim |
Collana | IMF Working Papers |
Soggetto topico |
Capital movements
Capital movements - Czech Republic Capital movements - Poland Capital movements - Romania Banks and Banking Exports and Imports Foreign Exchange Inflation International Investment Long-term Capital Movements Current Account Adjustment Short-term Capital Movements Price Level Deflation Monetary Policy International economics Currency Foreign exchange Macroeconomics Banking Capital inflows Exchange rates Capital controls Reserves accumulation Balance of payments Central banks Prices Foreign exchange reserves |
ISBN |
1-4755-0837-9
1-4755-3658-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Abstract; Contents; I. Introduction; II. Policy Tools for Managing Capital Inflows; A. Structural Changes; B. Macroeconomic Policies for Managing Capital Inflows; C. Capital Flow Management Measures; III. Policy Framework for Managing Capital Inflows; Figures; 1. Policies to Cope with Capital Inflows; IV. Country-Specific Analysis - the Czech Republic, Poland and Romania; A. The Czech Republic; B. Poland; C. Romania; V. Conclusions and Potential for Enhancing the Framework; Tables; 1. Synthesis of Country Assessments and Fund Advice; References
2. Gross and Net Capital Inflows (in USD billions)3. Gross and Net Portfolio Inflows (in USD billions); 4. Composition of Gross and Net Capital Inflows |
Record Nr. | UNINA-9910779201803321 |
Keller Leonor
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Optimal Level of International Reserves for Emerging Market Countries : : Formulas and Applications / / Romain Ranciere, Olivier Jeanne |
Autore | Ranciere Romain |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (35 p.) |
Altri autori (Persone) | JeanneOlivier |
Collana | IMF Working Papers |
Soggetto topico |
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 Exchange rate arrangements Consumption Reserve positions Central banks Reserves accumulation Financial markets Capital movements Debts, External Financial services industry Economics Foreign exchange reserves |
ISBN |
1-4623-3365-6
1-4527-5316-4 1-283-36412-3 9786613823564 1-4519-0942-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. SUDDEN STOPS AND RESERVES: SOME FACTS""; ""III. THE MODEL""; ""IV. APPLICATIONS""; ""V. EXTENSIONS""; ""VI. CONCLUDING COMMENTS""; ""APPENDIX: COMPUTATIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788412603321 |
Ranciere Romain
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Sudden Stops and Optimal Self-Insurance / / Jun Kim |
Autore | Kim Jun |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Bank reserves - Developing countries - Econometric models
Financial crises - Developing countries - Econometric models Banks and Banking Exports and Imports Finance: General International Investment Long-term Capital Movements Current Account Adjustment Short-term Capital Movements General Financial Markets: General (includes Measurement and Data) Monetary Policy International economics Finance Banking Sudden stops Capital account crisis Current account Emerging and frontier financial markets Reserves accumulation Capital movements Balance of payments Financial services industry Foreign exchange reserves |
ISBN |
1-4623-8001-8
1-4527-8137-0 1-4518-7002-7 1-282-84095-9 9786612840951 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
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 |
Record Nr. | UNINA-9910788236903321 |
Kim Jun
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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