International Reserves and Central Bank Independence

International Reserves and Central Bank Independence

This paper proposes a novel theory of reserve accumulation that emphasizes the role of an independent central bank. Motivated by a positive correlation between reserve accumulation and central bank independence in Latin America, the paper develops...

Full description

Bibliographic Details
Main Author: Samano, Agustin
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
INTERNATIONAL RESERVES
CENTRAL BANK INDEPENDENCE
SOVEREIGN DEBT
RESERVE ACCUMULATION
EXCHANGE RATE REGIME
CURRENCY
Online Access:http://documents.worldbank.org/curated/undefined/620131635859663291/International-Reserves-and-Central-Bank-Independence
http://hdl.handle.net/10986/36483

Internet

http://documents.worldbank.org/curated/undefined/620131635859663291/International-Reserves-and-Central-Bank-Independence
http://hdl.handle.net/10986/36483

Similar Items