haku: @indexterm DISEQUILIBRIUM THEORY / yhteensä: 42
viite: 1 / 42
« edellinen | seuraava »
| Tekijä: | Badinger, H. |
| Otsikko: | Austria's demand for international reserves and monetary disequilibrium: the case of a small open economy with a fixed exchange rate regime |
| Lehti: | Economica
2004 : FEB, VOL. 71:281, p. 39-55 |
| Asiasana: | Disequilibrium theory Exchange rates International reserves Austria |
| Kieli: | eng |
| Tiivistelmä: | Austria's demand for international reserves are estimated over the period 1985:1-1997:4 and short-run effects of the disequilibrium are tested for on the national monetary market using a vector error correction approach. It is found that Austria's long-run reserve demand can be described as a stable function of imports, uncertainty and the opportunity cost of holding reserves with strong economies of scale. |
« edellinen | seuraava »
SCIMA