Tag: International Reserves

Do International Reserves Buffer Real-Exchange-Rate Adjustment after Terms-of-Trade Shocks? A Matching Application in Stata

This post illustrates how to use matching methods in Stata to study a reserve-buffer mechanism in international macroeconomics. The application uses kmatch, teffects, and a country-year panel to compare high-…

Pourquoi les économies émergentes détiennent-elles autant de réserves de change à l’ère de l’intégration financière ?

J’ai le plaisir de vous annoncer ma première note de blog sur le site l’AFSE concernant la détention des réserves de change. Dans laquelle, nous tentons de répondre…

Do FX reserves promote monetary autonomy in the presence of global spillovers?

NEW PUBLICATION: This paper examines whether the size of foreign exchange (FX) reserves can explain cross-country differences in foreign currency depreciation observed over the 2021-22 Federal Reserve monetary…

Real Exchange Rate and International Reserves in the Era of Financial Integration

NEW WORKING PAPER: The global financial crisis has brought increased attention to the consequences of international reserves holdings. In an era of high financial integration, we investigate the…