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 Demand for International Foreign Reserves. Energy Exporting Countries
Наименование:

Demand for International Foreign Reserves. Energy Exporting Countries

автор Hamza A. издательство Книга по Требованию Собственное дело. С чего начать предпринимательскую деятельность
Cтраниц 212        мягкая обложка       
Аннотация:Oil-exporting countries, due to many misconceptions, have been ignored in studies of the demand for foreign reserves. This book tests three alternative models of the determinants of international reserves: a model derived from the monetary approach to the balance of payments, a model derived from the buffer stock approach to the reserves,and a composite model based upon the buffer stock approach that allows for an indirect test of the monetary approach to explain international reserves. Kuwait, the Netherlands, Norway, Saudi Arabia, and Venezuela are examined in this thesis on an individual basis. That is, disequilibrium in the money market affects the level of the reserves in each country, but differs in magnitude from country to country depending on the level of sterilization and the exchange rate regime. However, the core of the monetary approach hypothesis has been found to be very effective. The results support the buffer model hypothesis, indicating that the movement of foreign reserves responds negatively to the increase of import and opportunity costs and positively to the increase of uncertainty and the propensity to import.
Автор: Hamza A.
Издательство: Книга по Требованию
Год:2008
Цена:
3214 руб
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Поиск: Demand for International Foreign Reserves. Energy Exporting Countries
НОВЫЙ ГОД СИМВОЛ 2013 ГОДАУКРАШЕНИЯ
КАРНАВАЛ НА НОВЫЙ ГОД РАСПРОДАЖА
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