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Optimal Reserve Composition in the Presence of Sudden Stops: The Euro and the Dollar as Safe Haven Currencies
16 references·1 citing·46 second hop
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References

  • 1998CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops1,475 cited
  • 1993The Effect of Errors in Means, Variances, and Covariances on Optimal Portfolio Choice1,158 cited
  • 2006The Social Cost of Foreign Exchange Reserves723 cited
  • 1988Dynamic Strategies for Asset Allocation498 cited
  • 2011On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects432 cited
  • 2007Home bias in global bond and equity markets: The role of real exchange rate volatility333 cited
  • 2007International Reserves in Emerging Market Countries: Too Much of a Good Thing?308 cited
  • n.d.G7 Current Account Imbalances: Sustainability and Adjustment232 cited
  • 1992Portfolio Optimization in Practice227 cited
  • 2006The Optimal Level of International Reserves for Emerging Market Countries196 cited
  • 1989The Currency Composition of Foreign Exchange Reserves143 cited
  • 2000The Currency Composition of Foreign Exchange Reserves Retrospect and Prospect115 cited
  • 2006Optimal currency shares in international reserves: The impact of the euro and the prospects for the dollar77 cited
  • 1988The Currency Composition of Foreign Exchange Reserves69 cited
  • 1999Covariance Matrix Estimation

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60 cited
  • 1980The optimal composition of foreign exchange reserves53 cited
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    • 2012Import price dynamics in major advanced economies and heterogeneity in exchange rate pass-through10 cited