Foreign reserves management

• Capital Flows to Developing Countries: Is There an Allocation Puzzle?

  Staff Working Paper 2016-53 Josef Schroth

  Foreign direct investment inflows are positively related to growth across developing countries—but so are savings in excess of investment. I develop an explanation for this well-established puzzle by focusing on the limited availability of consumer credit in developing countries together with general equilibrium effects.

  Content Type(s): Staff research, Staff working papers Topic(s): Foreign reserves management, Interest rates, International financial markets JEL Code(s): E, E1, E13, E2, E21, F, F4, F43

• A Framework in Search of an Optimal Margining Policy for Official Institutions: The Canadian Experience

  Staff Discussion Paper 2016-9 Tomo Nakashima, Mihai Cosma, Boran Plong

  One of the main outcomes of the global financial crisis has been a series of new regulations imposed on the financial system and specifically on banks.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial markets, Foreign reserves management JEL Code(s): G, G3, G32