Wiley-Blackwell: International Finance (Archive)最新文献
筛选
英文
中文
Option Pricing Approach to International Reserves
国际储备的期权定价方法
Wiley-Blackwell: International Finance (Archive)
Pub Date : 2009-09-01
DOI: 10.1111/j.1467-9396.2009.00849.x
Jaewoo Lee
{"title":"Option Pricing Approach to International Reserves","authors":"Jaewoo Lee","doi":"10.1111/j.1467-9396.2009.00849.x","DOIUrl":"https://doi.org/10.1111/j.1467-9396.2009.00849.x","url":null,"abstract":"This paper brings forward the insurance aspect of holding reserves by using the conceptual equivalence between insurance and financial options, and explores when reserves are likely to become the primary means of precautionary arrangement, in particular in emerging markets. The sharp rise in the amount of reserves held by many emerging markets since the mid-1990s can be traced to the rise in the “globalization hazard” that confronts emerging markets. A modest probability of globalization hazard (sudden stop) can induce emerging markets to self-insure fully by hoarding international reserves, rather than relying on nonreserve alternatives of taking precautions.","PeriodicalId":278686,"journal":{"name":"Wiley-Blackwell: International Finance (Archive)","volume":"82 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125166393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
影响因子
展开
类型
展开
期刊
展开
全部
Acc. Chem. Res.
ACS Applied Bio Materials
ACS Appl. Electron. Mater.
ACS Appl. Energy Mater.
ACS Appl. Mater. Interfaces
ACS Appl. Nano Mater.
ACS Appl. Polym. Mater.
ACS BIOMATER-SCI ENG
ACS Catal.
ACS Cent. Sci.
ACS Chem. Biol.
ACS Chemical Health & Safety
ACS Chem. Neurosci.
ACS Comb. Sci.
ACS Earth Space Chem.
ACS Energy Lett.
ACS Infect. Dis.
ACS Macro Lett.
ACS Mater. Lett.
ACS Med. Chem. Lett.
ACS Nano
ACS Omega
ACS Photonics
ACS Sens.
ACS Sustainable Chem. Eng.
ACS Synth. Biol.
Anal. Chem.
BIOCHEMISTRY-US
Bioconjugate Chem.
BIOMACROMOLECULES
Chem. Res. Toxicol.
Chem. Rev.
Chem. Mater.
CRYST GROWTH DES
ENERG FUEL
Environ. Sci. Technol.
Environ. Sci. Technol. Lett.
Eur. J. Inorg. Chem.
IND ENG CHEM RES
Inorg. Chem.
J. Agric. Food. Chem.
J. Chem. Eng. Data
J. Chem. Educ.
J. Chem. Inf. Model.
J. Chem. Theory Comput.
J. Med. Chem.
J. Nat. Prod.
J PROTEOME RES
J. Am. Chem. Soc.
LANGMUIR
MACROMOLECULES
Mol. Pharmaceutics
Nano Lett.
Org. Lett.
ORG PROCESS RES DEV
ORGANOMETALLICS
J. Org. Chem.
J. Phys. Chem.
J. Phys. Chem. A
J. Phys. Chem. B
J. Phys. Chem. C
J. Phys. Chem. Lett.
Analyst
Anal. Methods
Biomater. Sci.
Catal. Sci. Technol.
Chem. Commun.
Chem. Soc. Rev.
CHEM EDUC RES PRACT
CRYSTENGCOMM
Dalton Trans.
Energy Environ. Sci.
ENVIRON SCI-NANO
ENVIRON SCI-PROC IMP
ENVIRON SCI-WAT RES
Faraday Discuss.
Food Funct.
Green Chem.
Inorg. Chem. Front.
Integr. Biol.
J. Anal. At. Spectrom.
J. Mater. Chem. A
J. Mater. Chem. B
J. Mater. Chem. C
Lab Chip
Mater. Chem. Front.
Mater. Horiz.
MEDCHEMCOMM
Metallomics
Mol. Biosyst.
Mol. Syst. Des. Eng.
Nanoscale
Nanoscale Horiz.
Nat. Prod. Rep.
New J. Chem.
Org. Biomol. Chem.
Org. Chem. Front.
PHOTOCH PHOTOBIO SCI
PCCP
Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX
EndNote
RefMan
NoteFirst
NoteExpress
求助内容：
应助结果提醒方式：请完成安全验证×
京公网安备 11010802042870号
