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Trends in the accumulation of net foreign reserves since World War II

Journal of Economics Library

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Title Trends in the accumulation of net foreign reserves since World War II
 
Creator KWON, Austin; Department of Economics, The Johns Hopkins University in Baltimore, Maryland, USA.
 
Subject Foreign reserves, Gold, Monetary base; Imports; Reserve adequacy.
E58; F31.
 
Description Abstract. Taking a historical perspective, this paper observes the trend in net foreign reserves by examining data that extend as far back as 1948. It looks broadly at how reserve coverage has changed over time and the benefits and costs of holding such reserves. Moreover, it studies which countries are the biggest holders of reserves and how much they have as well as the reasons why they hold these amounts. An accompanying spreadsheet workbook contains the data for the graphs and analysis of this paper. Data come mainly from the International Monetary Fund’s International Financial Statistics database, supplemented in some cases by national sources.Keywords. Foreign reserves, Gold, Monetary base, Imports, Reserve adequacy.JEL. E58, F31.
 
Publisher Journal of Economics Library
 
Contributor
 
Date 2018-10-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEL/article/view/1762
10.1453/jel.v5i3.1762
 
Source Journal of Economics Library; Vol 5, No 3 (2018): September; 275-300
2149-2379
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEL/article/view/1762/1759
 
Rights Copyright (c) 2018 Journal of Economics Library
http://creativecommons.org/licenses/by-nc/4.0