NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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China's Growth, Stability, and Use of International Reserves

Joshua Aizenman, Yothin Jinjarak, Nancy P. Marion

NBER Working Paper No. 19739
Issued in December 2013, Revised in January 2014

---- Acknowledgments ----

Useful comments by George Tavlas, Jaejoon Woo, and the participants at the 2014 Philadelphia AEA meeting are gratefully acknowledged. Any errors are ours. Joshua Aizenman is grateful for the support provided by the Dockson Chair in Economics and International Relations, USC. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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