Pregled bibliografske jedinice broj: 1096076
DETERMINANTS OF FOREIGN EXCHANGE RESERVES IN SERBIA AND NORTH MACEDONIA
DETERMINANTS OF FOREIGN EXCHANGE RESERVES IN SERBIA AND NORTH MACEDONIA // Economic Annals, LXV (2020), 226; 103-120 doi:10.2298/EKA2026103B (međunarodna recenzija, članak, ostalo)
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Naslov
DETERMINANTS OF FOREIGN EXCHANGE
RESERVES IN SERBIA AND NORTH MACEDONIA
Autori
Bošnjak, Mile ; Bilas, Vlatka ; Kordić, Gordana
Izvornik
Economic Annals (0013-3264) LXV
(2020), 226;
103-120
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, ostalo
Ključne riječi
international foreign exchange reserves, quantile regression, foreign exchange rate, GDP, monetary aggregates
Sažetak
This paper employs a quantile regression approach to explore the determinants and properties of international foreign exchange reserves in Serbia and North Macedonia, at various foreign exchange levels. The observed period covers quarterly data for 2005q1–2019q1. The results reveal quantile-dependent determinants of foreign exchange reserves and enable comparison between the two countries, showing co-movements between monetary policy and economic fluctuations. Following the estimates obtained in this research, the paper compares the role of foreign exchange reserves in Serbia and North Macedonia.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Zagreb
Citiraj ovu publikaciju:
Časopis indeksira:
- Scopus
- EconLit