IDEAS home Printed from https://ideas.repec.org/a/spr/weltar/v124y1988i1p161-168.html
   My bibliography  Save this article

On the exchange-rate elasticity of the demand for international reserves: Some evidence from industrial countries

Author

Listed:
  • Mohsen Bahmani-Oskooee
  • Farhang Niroomand

Abstract

No abstract is available for this item.

Suggested Citation

  • Mohsen Bahmani-Oskooee & Farhang Niroomand, 1988. "On the exchange-rate elasticity of the demand for international reserves: Some evidence from industrial countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 124(1), pages 161-168, March.
  • Handle: RePEc:spr:weltar:v:124:y:1988:i:1:p:161-168
    DOI: 10.1007/BF02708625
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF02708625
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/BF02708625?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Clark, Peter B, 1970. "Optimum International Reserves and the Speed of Adjustment," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 356-376, March-Apr.
    2. Olivera, Julio H G, 1969. "A Note on the Optimal Rate of Growth of International Reserves," Journal of Political Economy, University of Chicago Press, vol. 77(2), pages 245-248, March/Apr.
    3. John Makin, 1974. "Exchange rate flexibility and the demand for international reserves," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 110(2), pages 229-243, June.
    4. Iyoha, Milton Ame, 1976. "Demand for International Reserves in Less Developed Countries: A Distributed Lag Specification," The Review of Economics and Statistics, MIT Press, vol. 58(3), pages 351-355, August.
    5. T. J. Courchene & G. M. Youssef, 1967. "The Demand for International Reserves," Journal of Political Economy, University of Chicago Press, vol. 75, pages 404-404.
    6. John F. O. Bilson & Jacob A. Frenkel, 1979. "Dynamic Adjustment and the Demand for International Reserves," NBER Working Papers 0407, National Bureau of Economic Research, Inc.
    7. Frenkel, Jacob A., 1978. "Pegged exchange rates and managed float," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 9(1), pages 111-140, January.
    8. Mohsen Bahmani-Oskooee, 1985. "Demand for and Supply of International Reserves: A Simultaneous Approach," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 7(4), pages 493-503, July.
    9. Officer, Lawrence H, 1976. "The Demand for International Liquidity: A Test of the Square-Root Law," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 8(3), pages 325-337, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:zbw:bofrdp:1994_015 is not listed on IDEAS
    2. Lehto, Taru, 1994. "The level of a central bank's international reserves: theory and cross-country analysis," Bank of Finland Research Discussion Papers 15/1994, Bank of Finland.
    3. Lehto, Taru, 1994. "The level of a central bank's international reserves : theory and cross-country analysis," Research Discussion Papers 15/1994, Bank of Finland.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jacob A. Frenkel, 1983. "International Liquidity and Monetary Control," NBER Working Papers 1118, National Bureau of Economic Research, Inc.
    2. Sebastian Edwards, 1981. "A Note on the Demand for International REserves by Less Developed Countries," UCLA Economics Working Papers 222, UCLA Department of Economics.
    3. Sebastian Edwards, 1981. "The Demand for International Reserves and Exchange Rate Adjustments: The Case of LDC's, 1964-1972," UCLA Economics Working Papers 229, UCLA Department of Economics.
    4. Hee-Ryang Ra, 2008. "Dilution of Opportunity Cost Effect on the Demand for International Reserves in the High Reserve Era," Korean Economic Review, Korean Economic Association, vol. 24, pages 151-171.
    5. Jacob A. Frenkel & Boyan Jovanovic, 1980. "On Transactions and Precautionary Demand for Money," The Quarterly Journal of Economics, Oxford University Press, vol. 95(1), pages 25-43.
    6. Lehto, Taru, 1994. "The level of a central bank's international reserves : theory and cross-country analysis," Research Discussion Papers 15/1994, Bank of Finland.
    7. repec:zbw:bofrdp:1994_015 is not listed on IDEAS
    8. Graham Bird & Ramkishen Rajan, 2003. "Too Much of a Good Thing? The Adequacy of International Reserves in the Aftermath of Crises," The World Economy, Wiley Blackwell, vol. 26(6), pages 873-891, June.
    9. Mohsen Bahmani-Oskooee & Farhang Niroomand, 1989. "On the exchange-rate elasticity of the demand for international reserves: Some evidence from industrial countries: A reply," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(2), pages 394-396, June.
    10. Antonio Francisco A. Silva Jr, 2011. "The Self-insurance Role of International Reserves and the 2008-2010 Crisis," Working Papers Series 256, Central Bank of Brazil, Research Department.
    11. Ellen E. Meade, 1987. "The effect of multilateral trade clearinghouses on the demand for international reserves," International Finance Discussion Papers 310, Board of Governors of the Federal Reserve System (U.S.).
    12. Edwards, Sebastian, 1984. "The Demand for International Reserves and Monetary Equilibrium: Some Evidence from Developing Countries," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 495-500, August.
    13. David Fernando López Angarita, 2006. "Nivel de reservas internacionales y riesgo cambiario en Colombia," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 8(15), pages 117-159, July-Dece.
    14. Zarate, Cristina A., 2008. "Una Nota sobre Reserva Óptima y Riesgo Soberano: el caso Argentino 1997-2007 [A note on optimal reserves and sovereign risk: Argentina's case 1997-2007]," MPRA Paper 12086, University Library of Munich, Germany.
    15. Elbadawi, Ibrahim A, 1990. "The Sudan Demand for International Reserve: A Case of a Labour-Exporting Country," Economica, London School of Economics and Political Science, vol. 57(225), pages 73-89, February.
    16. Giulio Cifarelli & Giovanna Paladino, 2009. "The Buffer Stock Model Redux? An Analysis of the Dynamics of Foreign Reserve Accumulation," Open Economies Review, Springer, vol. 20(4), pages 525-543, September.
    17. Prabheesh, K P & Malathy, D & Madhumathi, R, 2007. "Demand for Foreign Exchange Reserves in India: A Co-integration Approach," MPRA Paper 13969, University Library of Munich, Germany.
    18. Lehto, Taru, 1994. "The level of a central bank's international reserves: theory and cross-country analysis," Bank of Finland Research Discussion Papers 15/1994, Bank of Finland.
    19. Michael P. Leahy, 1994. "The dollar as an official reserve currency under EMU," International Finance Discussion Papers 474, Board of Governors of the Federal Reserve System (U.S.).
    20. Roland Beck & Sebastian Weber, 2011. "Should Larger Reserve Holdings Be More Diversified?," International Finance, Wiley Blackwell, vol. 14(3), pages 415-444, December.
    21. Barry Eichengreen & Chitu Livia & Arnaud Mehl, 2014. "Stability or upheaval? The currency composition of international reserves in the long run," Globalization Institute Working Papers 201, Federal Reserve Bank of Dallas.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:weltar:v:124:y:1988:i:1:p:161-168. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.