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Development
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Cheung, Yin-Wong
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PDX Scholar
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Using data from more than 100 economies for the period of 1975 to 2005, we conduct an extensive empirical analysis of the determinants of international reserve holdings. Four groups of determinants, namely, ...
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2. [Article] International Reserves Before and After the Global Crisis: Is There No End to Hoarding?
We evaluate the global financial crisis (GFC) and the structural changes of recent years that have been associated with new patterns of hoarding international reserves. We confirm that the determining ...Citation -
Using an uneven panel of 135 countries from 1995 to 2014, we investigate the link between interest rates and private saving, and focus on whether the interest rate effect is dominated by the income (i.e., ...
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