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Macroeconomics in Times of Liquidity CrisesSearching for Economic Essentials$
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Macroeconomics in Times of Liquidity Crises: Searching for Economic Essentials

Guillermo A. Calvo

Print publication date: 2016

Print ISBN-13: 9780262035415

Published to MIT Press Scholarship Online: May 2017

DOI: 10.7551/mitpress/9780262035415.001.0001

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Introduction to Part II

Introduction to Part II

Chapter:
(p.111) Introduction to Part II
Source:
Macroeconomics in Times of Liquidity Crises
Author(s):

Guillermo Calvo

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262035415.003.0006

This section offers an introduction to the empirical material covered in Chapters 6 and 7. Moreover, it summarizes research based on Chapter 7 and that develops a methodology for the determination for the optimal level of international reserves, if the authorities' objective is to soften the severe blow caused by Sudden Stop.

Keywords:   International Reserves, Empirical, Sudden Stop

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