Can High Reserves Offset Weak Fundamentals? A Simple Model of Precautionary Demand for Reserves
Year of publication: |
2005-06
|
---|---|
Authors: | Li, Jie ; Rajan, Ramkishen |
Institutions: | Centre for International Economic Studies, School of Economics |
Subject: | crisis management | crisis prevention | currency crisis | precautionary motive | reserves |
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Can High Reserves Offset Weak Fundamentals? A Simple Model of Precautionary Demand for Reserves
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