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Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia

Prakash Shrestha

Working Papers from eSocialSciences

Abstract: This paper constructs a dynamic macro model with new monetary policy rule to examine the implications of international reserve accumulation for macroeconomic outcomes such as economic growth and inflation.

Keywords: International Reserves; macroeconomic impact; South Asia; accumulating; developing; interplay; insurance; monetary. (search for similar items in EconPapers)
Date: 2017-10
Note: Institutional Papers
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