IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2004id1968.html
   My bibliography  Save this article

Choice of Parameters of a Parity Rate and Gold and Foreign Currency Reserves

Author

Listed:
  • E. Avdokushin
  • E. Ivanova

Abstract

Questions of the choice of parameters of real currency rate and size and structure of gold and foreign currency reserves for the countries with unconvertible currency are considered in the article. It is proposed to search for optimum currency rate on the basis of minimizing probabilistic characteristics of damage from the sum of two kinds of inflation — evolutionary and interventionist. The optimal total size and structure of gold and foreign currency reserves can be calculated on the basis of the probabilistic distribution "efficiency-risk" received as a result of the decision of the problem of searching optimal distribution by a share in an investment portfolio with one nonlinear share. The minimum of damage from service of reserves is taken as a criterion of optimality.

Suggested Citation

  • E. Avdokushin & E. Ivanova, 2004. "Choice of Parameters of a Parity Rate and Gold and Foreign Currency Reserves," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    • Handle: RePEc:nos:voprec:y:2004:id:1968
    DOI: 10.32609/0042-8736-2004-11-76-91
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/1968/1970
    Download Restriction: no
    File URL: https://libkey.io/10.32609/0042-8736-2004-11-76-91?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:voprec:y:2004:id:1968. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.