کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
964364 | 930513 | 2010 | 22 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
China as a reserve sink: The evidence from offset and sterilization coefficients
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: China as a reserve sink: The evidence from offset and sterilization coefficients China as a reserve sink: The evidence from offset and sterilization coefficients](/preview/png/964364.png)
چکیده انگلیسی
China has been stockpiling international reserves at an extremely rapid pace since the late 1990s and has surpassed Japan to become the largest reserve holder in the world. This paper undertakes an empirical investigation to assess the extent of de facto sterilization and capital mobility using monthly data between mid 2000 and late 2008. We find that China has been able to successfully sterilize a large portion of these reserve increases thus making it a reserve sink such as Germany was under the Bretton Wood system.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Money and Finance - Volume 29, Issue 5, September 2010, Pages 951–972
Journal: Journal of International Money and Finance - Volume 29, Issue 5, September 2010, Pages 951–972
نویسندگان
Alice Y. Ouyang, Ramkishen S. Rajan, Thomas D. Willett,