In this paper, we examine long-run determinants of cross-country variation in reserve volatility for 30 emerging market … be helpful in evaluating reserve volatility as a crisis indicator. … economies from 1973 to 2000. Reserve holdings and openness are found to be the most important explanatory variables of reserve …

In this paper, we examine long-run determinants of cross-country variation in reserve volatility for 30 emerging market … be helpful in evaluating reserve volatility as a crisis indicator. … economies from 1973 to 2000. Reserve holdings and openness are found to be the most important explanatory variables of reserve …

important determinants of reserve volatility. These results are robust for a range of control variables, including monetary …In this paper, we examine external, monetary, and structural determinants of crosscountry variation in reserve … volatility for 30 emerging market economies from 1973 to 2000. We find that reserve holdings and openness to be the most …

important determinants of reserve volatility. These results are robust for a range of control variables, including monetary …In this paper, we examine external, monetary, and structural determinants of crosscountry variation in reserve … volatility for 30 emerging market economies from 1973 to 2000. We find that reserve holdings and openness to be the most …