Jinjarak, Yothin; Noy, Ilan; Ta, Quy - 2021
response of international reserves to shocks by using a quasi-experimental setup and focusing on earthquakes. The estimation is … done on a panel of 103 countries over the period 1979–2016. We find that in the five years following a large earthquake (i …) countries exposed accumulate reserves, for precautionary reasons, (ii) trade openness is positively associated with the post-earthquake …