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The square-root law, uncertainty and international reserves under alternative regimes
16 references·2 citing·34 second hop
The square-root law, uncertainty and international reserves under alternative regimes (1981)The square-root law, uncertainty and inte…International Monetary Relations (2015)International Monetary Relati…Optimal International Reserves: A Stochastic Framework (1981)Optimal International Reserve…National Monetary Policies and the International Financial System (1975)National Monetary Policies an…The Demand for International Reserves by Developed and Less-Developed Countries (1974)The Demand for International …The Demand for International Reserves: A Critical Review of the Literature (1971)The Demand for International …THE DEMAND FOR INTERNATIONAL RESERVES* (1970)THE DEMAND FOR INTERNATIONAL …Demand for International Reserves: A Cross-Country Analysis (1970)Demand for International Rese…A Note on the Optimal Rate of Growth of International Reserves (1969)A Note on the Optimal Rate of…The Demand for International Reserves (1967)The Demand for International …Optimal International Reserves (1966)Optimal International ReservesInternational monetary relations (1966)International monetary relati…A Rationalization of the Precautionary Demand for Cash (1966)A Rationalization of the Prec…A Model of the Demand for Money by Firms (1966)A Model of the Demand for Mon…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…The Interest-Elasticity of Transactions Demand For Cash (1956)The Interest-Elasticity of Tr…The Transactions Demand for Cash: An Inventory Theoretic Approach (1952)The Transactions Demand for C…Kalman filter approach to estimate the demand for international reserves (2004)Kalman filter approach to est…Austria's Demand for International Reserves and Monetary Disequilibrium: The Case of a Small Open Economy with a Fixed Exchange Rate Regime (2004)Austria's Demand for Internat…Money in a Theory of Finance. (1960)Portfolio Selection: Efficient Diversification of Investments. (1962)International Liquidity and Monetary Control (1983)The Demand for International Reserves and Exchange Rate Adjustments: TheCase of LDCs, 1964-1972 (1983)On the interest-rate elasticity of the demand for international reserves: Some evidence from developing countries (1985)PATTERNS OF INDUSTRIAL GROWTH (1960)Gold and the Dollar Crisis (1961)The Demand for International Reserves (1965)Holding International Reserves in an Era of High Capital Mobility (2001)The Empirics of Foreign Reserves (2001)A Cross-Country Empirical Analysis of International Reserves (2009)Monetary Theory and Fiscal Policy (1949)Monetary Theory and Policy (1965)Operations in Financial Services—An Overview (2010)Stochastic Cash Flow Management Models: A Literature Review Since the 1980s (2015)Using Bargaining Game Theory for Risk Allocation of Public-Private Partnership Projects: Insights from Different Alternating Offer Sequences of Participants (2016)Monetary Union with Voluntary Participation -super-1Real exchange rates under alternative nominal exchange-rate systems (1983)The need for international policy coordination: what's old, what's new, what's yet to come? (2004)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Dynamic Econometrics (1995)Do Firms Rebalance Their Capital Structures? (2005)A Model of the Consumption Response to Fiscal Stimulus Payments (2014)International Reserves in Emerging Market Countries: Too Much of a Good Thing? (2007)Assessing the Emerging Global Financial Architecture: Measuring the Trilemma's Configurations over Time (2008)Financial Stability, the Trilemma, and International Reserves (2008)Inflation and Welfare (2000)The Cointegrated VAR Model: Methodology and Applications (2006)A Theoretical Framework for Monetary Analysis (1970)BANKING PANICS AND BUSINESS CYCLES * (1988)Monetary Theory and Policy (1999)International Reserve Holdings with Sovereign Risk and Costly Tax Collection (2004)
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References

  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1952The Transactions Demand for Cash: An Inventory Theoretic Approach2,353 cited
  • 1956The Interest-Elasticity of Transactions Demand For Cash1,489 cited
  • 1966A Model of the Demand for Money by Firms1,338 cited
  • 1981Optimal International Reserves: A Stochastic Framework356 cited
  • 1966Optimal International Reserves341 cited
  • 1975National Monetary Policies and the International Financial System183 cited
  • 1966A Rationalization of the Precautionary Demand for Cash147 cited
  • 1974The Demand for International Reserves by Developed and Less-Developed Countries121 cited
  • 1971The Demand for International Reserves: A Critical Review of the Literature88 cited
  • 1970Demand for International Reserves: A Cross-Country Analysis61 cited
  • 1970THE DEMAND FOR INTERNATIONAL RESERVES*57 cited
  • 1969A Note on the Optimal Rate of Growth of International Reserves56 cited
  • 2015International Monetary Relations56 cited
  • 1967The Demand for International Reserves40 cited
  • 1966International monetary relations

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Cited by

  • 2004Kalman filter approach to estimate the demand for international reserves31 cited
  • 2004Austria's Demand for International Reserves and Monetary Disequilibrium: The Case of a Small Open Economy with a Fixed Exchange Rate Regime28 cited