Net Capital Flows, Macroeconomic Shocks and Reserve Assets. The Case of Argentina (1994-2013)
International reserves have been used as a source of protection against the vulnerability of the balance of payments, or alternatively, as an attempt to keep a competitive real exchange rate and to promote exports. This paper explores the correlation between the net capital flows and reserves. Simil...
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| Format: | Article |
| Language: | English |
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Universidad EAFIT
2014-06-01
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| Series: | Ecos de Economía |
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| Online Access: | http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2513 |