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China as a reserve sink: The evidence from offset and sterilization coefficients
China has been stockpiling international reserves at an extremely rapid pace since the late 1990s and has surpassed Japan to become the largest reserve holder in the world. This paper undertakes an empirical investigation to assess the extent of de facto sterilization and capital mobility using mont...
Autores principales: | Ouyang, Alice Y., Rajan, Ramkishen S., Willett, Thomas D. |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Ltd. Published by Elsevier Ltd.
2010
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7115424/ https://www.ncbi.nlm.nih.gov/pubmed/32287756 http://dx.doi.org/10.1016/j.jimonfin.2009.12.006 |
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