Showing 1 - 10 of 323,102
Persistent link: https://www.econbiz.de/10014227373
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 …
Persistent link: https://www.econbiz.de/10013315174
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 …
Persistent link: https://www.econbiz.de/10012314919
This paper assesses the determinants of foreign exchange (FX) reserves in emerging market economies (EMEs). First, it reviews the drivers behind reserve accumulation and the metrics used to evaluate reserve adequacy. We argue that precautionary motives, at least until early 2000s, were the main...
Persistent link: https://www.econbiz.de/10012858289
Countries that are classified as having floating exchange rate systems (or very wide bands) show strikingly different patterns of behavior. They hold very different levels of international reserves and allow very different volatilities to the movements of the exchange rate relative to the...
Persistent link: https://www.econbiz.de/10014159677
Countries that are classified as having floating exchange rate systems (or very wide bands) show strikingly different patterns of behavior. They hold very different levels of international reserves and allow very different volatilities to the movements of the exchange rate relative to the...
Persistent link: https://www.econbiz.de/10014122762
United States, which explains why US policymakers want to postpone adjustment. The rest of the world relies on the economic … process. Complementary policies are required in the rest of the world. The paper discusses the pattern of recent international …
Persistent link: https://www.econbiz.de/10014063503
The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
Persistent link: https://www.econbiz.de/10014346507
This paper reviews the effect of environmental disasters on migration. Although there is an increase of environmental … disasters and migration over the past years, the relationship is complex. While some authors find that environmental disasters …
Persistent link: https://www.econbiz.de/10011346755
better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to …, institutional quality itself changes in response to the shock and these patterns are correlated to those of the TFP. Overall, our …
Persistent link: https://www.econbiz.de/10011543882