Based on a dataset of 112 emerging economies and developing countries, this paper
addresses the question whether the accumulation of international reserves has effectively …

Many have argued that democracies are able to make credible commitments to repay their
debts and consequently enjoy higher sovereign credit ratings. In contrast to this expectation …

The financial assistance the International Monetary Fund provides is expected to catalyze
private capital flows. Such a catalytic effect has, however, proven empirically elusive. This …

The article presents premises inscribing food self-supply in new trends occurring in
consumer behavior and shows the opinions of consumers on food self-supply. The analysis …

Using data on 70 emerging countries for 1990-2011, we re-examine the validity of both
traditional and recently proposed determinants of international reserves. The dynamic panel …

We study the impact of foreign exchange interventions during periods of tight credit
constraints. Expanding on the Gabaix and Maggiori (2015) model, we predict that long-lived …

Celem opracowania jest uwypuklenie roli rezerw walutowych i wskazanie możliwości ich
rzetelnego oraz prawidłowego gromadzenia i wykorzystania. Celami szczegółowymi są m …

In this paper, we demonstrate that the size of the fiscal multiplier depends both on currency
mismatch and home bias. Our demonstration is based on a real two-country dynamic …

Son dönemlerde Türkiye ekonomisinde merkez bankası rezervlerinin düzeyi ve Türk
lirasında gözlemlenen sert fiyat hareketleri konusunda önemli tartışmalar yaşanmaktadır. Bu …

Son dönemlerde Türkiye ekonomisinde merkez bankası rezervlerinin düzeyi ve Türk
lirasında gözlemlenen sert fiyat hareketleri konusunda önemli tartışmalar yaşanmaktadır. Bu …