Coverart for item
The Resource Sterilization of money inflows : difficult (Calvo) or easy (Reisen)?, prepared by Jeffrey A. Frankel

Sterilization of money inflows : difficult (Calvo) or easy (Reisen)?, prepared by Jeffrey A. Frankel

Label
Sterilization of money inflows : difficult (Calvo) or easy (Reisen)?
Title
Sterilization of money inflows
Title remainder
difficult (Calvo) or easy (Reisen)?
Statement of responsibility
prepared by Jeffrey A. Frankel
Creator
Contributor
Author
Issuing body
Subject
Genre
Language
eng
Summary
Some countries undergoing exchange-rate-based stabilization and financial liberalization in Latin America, Asia and elsewhere have faced large capital inflows since 1991. Many have tried to sterilize the reserve inflows. Calvo, Leiderman, and Reinhart argue essentially that sterilization is more difficult than generally realized, due to the interest costs on sterilization bonds. Reisen argues essentially that sterilization is easier than generally believed. This paper reviews the issues in the simplest textbook model and concludes that local interest rates are not likely to rise if the source of the disturbance is an exogenous capital inflow, but will rise if the disturbance is an increase in money demand or an increase in exports
Member of
Action
digitized
Cataloging source
OCLCE
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Frankel, Jeffrey A
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3810
LC item number
.I45 no.WP/94/159 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
International Monetary Fund
Series statement
IMF Working Paper
Series volume
WP/94/159
http://library.link/vocab/subjectName
  • Capital movements
  • Investments, Foreign
  • Balance of payments
  • Monetary policy
  • Balance of payments
  • Capital movements
  • Investments, Foreign
  • Monetary policy
  • Latin America
Label
Sterilization of money inflows : difficult (Calvo) or easy (Reisen)?, prepared by Jeffrey A. Frankel
Instantiates
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 23-25)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
681604483
Dimensions
unknown
Extent
1 online resource (iii, 25 pages)
Form of item
online
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • imfWPIEA1591994
  • (IMF)WPIEA1591994
  • (OCoLC)681604483
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Label
Sterilization of money inflows : difficult (Calvo) or easy (Reisen)?, prepared by Jeffrey A. Frankel
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 23-25)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
681604483
Dimensions
unknown
Extent
1 online resource (iii, 25 pages)
Form of item
online
Level of compression
  • lossless
  • lossy
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
Reformatting quality
  • preservation
  • access
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • imfWPIEA1591994
  • (IMF)WPIEA1591994
  • (OCoLC)681604483
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

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