Aizenman, Joshua (contributor); Glick, Reuven (contributor) - 2008
composition of balance of payments inflows.
JEL Classification: F15, F21, F31
Keywords: foreign reserves, international … reserves, sterilization, global financial
integration
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* We thank Michael Hutchinson, Menzie Chinn, an … some degree of domestic monetary independence. Hoarding of
international reserves has become a key ingredient enhancing …