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150128 ||| eng |
| 020 |
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|a 9781451855272
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| 100 |
1 |
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|a Eichengreen, Barry
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| 245 |
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0 |
|a The Currency Composition of Foreign Exchange Reserves
|b Retrospect and Prospect
|c Barry Eichengreen, Donald Mathieson
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2000
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| 300 |
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|a 34 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Monetary economics
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| 653 |
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|a International capital markets
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a International reserves
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| 653 |
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|a Currencies
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| 653 |
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|a General Financial Markets: General (includes Measurement and Data)
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| 653 |
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|a Monetary Policy
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| 653 |
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|a International finance
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| 653 |
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|a International monetary system
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Foreign exchange reserves
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| 653 |
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|a Reserve currencies
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| 653 |
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|a Mortgages
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Standards
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| 653 |
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|a Finance: General
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| 653 |
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|a Money
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| 653 |
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|a Regimes
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| 653 |
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|a Banking
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| 653 |
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|a Banks and banking
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| 653 |
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|a Finance
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| 653 |
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|a Central banks
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| 653 |
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|a Banks
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| 653 |
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|a International Monetary Arrangements and Institutions
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| 653 |
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|a Payment Systems
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| 653 |
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|a Capital market
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Financial markets
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| 700 |
1 |
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|a Mathieson, Donald
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451855272.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2000/131/001.2000.issue-131-en.xml?cid=3693-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a This paper examines the determinants of the currency composition of international reserves. Our single most important finding is the striking stability over time of the relationship between the demand for reserves denominated in different currencies and its principal determinants: trade flows, financial flows and currency pegs. This result contrasts sharply with recent predictions of sharp shifts in the currency composition of central banks’ holdings of foreign exchange. The message would seem to be that in this, as in other respects, the international monetary system is in a mode of gradual, continuous evolution, not of rapid, discontinuous change
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