Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124322532> ?p ?o ?g. }
- W3124322532 endingPage "364" @default.
- W3124322532 startingPage "308" @default.
- W3124322532 abstract "Why have emerging market economies (EMEs) been stockpiling international reserves? We find that motives have varied over time; vulnerability to current account shocks was relatively important in the 1980s but, as EMEs became more financially integrated, factors related to the magnitude of potential capital outflows gained importance. Reserve accumulation as a by-product of undervalued currencies has also become more important since the Asian crisis. Correspondingly, using quantile regressions, we find that the reason for holding reserves varies according to the country’s position in the global reserves distribution. High-reserve holders, who tend to be more financially integrated, are motivated by insurance against capital account rather than current account shocks and are more sensitive to the cost of holding reserves than are low-reserve holders. Currency undervaluation is a significant determinant across the reserves distribution, albeit for different reasons." @default.
- W3124322532 created "2021-02-01" @default.
- W3124322532 creator A5027511109 @default.
- W3124322532 creator A5047282025 @default.
- W3124322532 creator A5089716117 @default.
- W3124322532 date "2016-12-14" @default.
- W3124322532 modified "2023-10-11" @default.
- W3124322532 title "Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s" @default.
- W3124322532 cites W1483958299 @default.
- W3124322532 cites W1567096664 @default.
- W3124322532 cites W1982548741 @default.
- W3124322532 cites W1987897144 @default.
- W3124322532 cites W2009965522 @default.
- W3124322532 cites W2019682324 @default.
- W3124322532 cites W2055643520 @default.
- W3124322532 cites W2062332770 @default.
- W3124322532 cites W2066502745 @default.
- W3124322532 cites W2072913853 @default.
- W3124322532 cites W2078140895 @default.
- W3124322532 cites W2083468249 @default.
- W3124322532 cites W2102034861 @default.
- W3124322532 cites W2110905284 @default.
- W3124322532 cites W2124302254 @default.
- W3124322532 cites W2133099329 @default.
- W3124322532 cites W2134311491 @default.
- W3124322532 cites W2158998720 @default.
- W3124322532 cites W2319937109 @default.
- W3124322532 cites W2954334334 @default.
- W3124322532 cites W3122831826 @default.
- W3124322532 cites W3122952752 @default.
- W3124322532 cites W3123575923 @default.
- W3124322532 cites W3123874341 @default.
- W3124322532 cites W3123906057 @default.
- W3124322532 cites W3125125063 @default.
- W3124322532 cites W4240214890 @default.
- W3124322532 cites W4241653265 @default.
- W3124322532 cites W4251385097 @default.
- W3124322532 cites W4254497042 @default.
- W3124322532 doi "https://doi.org/10.1057/s41308-016-0003-3" @default.
- W3124322532 hasPublicationYear "2016" @default.
- W3124322532 type Work @default.
- W3124322532 sameAs 3124322532 @default.
- W3124322532 citedByCount "22" @default.
- W3124322532 countsByYear W31243225322015 @default.
- W3124322532 countsByYear W31243225322016 @default.
- W3124322532 countsByYear W31243225322017 @default.
- W3124322532 countsByYear W31243225322018 @default.
- W3124322532 countsByYear W31243225322019 @default.
- W3124322532 countsByYear W31243225322020 @default.
- W3124322532 countsByYear W31243225322022 @default.
- W3124322532 countsByYear W31243225322023 @default.
- W3124322532 crossrefType "journal-article" @default.
- W3124322532 hasAuthorship W3124322532A5027511109 @default.
- W3124322532 hasAuthorship W3124322532A5047282025 @default.
- W3124322532 hasAuthorship W3124322532A5089716117 @default.
- W3124322532 hasBestOaLocation W31243225322 @default.
- W3124322532 hasConcept C10138342 @default.
- W3124322532 hasConcept C110121322 @default.
- W3124322532 hasConcept C121087249 @default.
- W3124322532 hasConcept C121232785 @default.
- W3124322532 hasConcept C134306372 @default.
- W3124322532 hasConcept C139719470 @default.
- W3124322532 hasConcept C141121606 @default.
- W3124322532 hasConcept C143910263 @default.
- W3124322532 hasConcept C162324750 @default.
- W3124322532 hasConcept C166957645 @default.
- W3124322532 hasConcept C198082294 @default.
- W3124322532 hasConcept C205649164 @default.
- W3124322532 hasConcept C2776988154 @default.
- W3124322532 hasConcept C33923547 @default.
- W3124322532 hasConcept C38652104 @default.
- W3124322532 hasConcept C41008148 @default.
- W3124322532 hasConcept C52092804 @default.
- W3124322532 hasConcept C556758197 @default.
- W3124322532 hasConcept C83646750 @default.
- W3124322532 hasConcept C95713431 @default.
- W3124322532 hasConceptScore W3124322532C10138342 @default.
- W3124322532 hasConceptScore W3124322532C110121322 @default.
- W3124322532 hasConceptScore W3124322532C121087249 @default.
- W3124322532 hasConceptScore W3124322532C121232785 @default.
- W3124322532 hasConceptScore W3124322532C134306372 @default.
- W3124322532 hasConceptScore W3124322532C139719470 @default.
- W3124322532 hasConceptScore W3124322532C141121606 @default.
- W3124322532 hasConceptScore W3124322532C143910263 @default.
- W3124322532 hasConceptScore W3124322532C162324750 @default.
- W3124322532 hasConceptScore W3124322532C166957645 @default.
- W3124322532 hasConceptScore W3124322532C198082294 @default.
- W3124322532 hasConceptScore W3124322532C205649164 @default.
- W3124322532 hasConceptScore W3124322532C2776988154 @default.
- W3124322532 hasConceptScore W3124322532C33923547 @default.
- W3124322532 hasConceptScore W3124322532C38652104 @default.
- W3124322532 hasConceptScore W3124322532C41008148 @default.
- W3124322532 hasConceptScore W3124322532C52092804 @default.
- W3124322532 hasConceptScore W3124322532C556758197 @default.
- W3124322532 hasConceptScore W3124322532C83646750 @default.
- W3124322532 hasConceptScore W3124322532C95713431 @default.
- W3124322532 hasIssue "2" @default.
- W3124322532 hasLocation W31243225321 @default.