---
title: Reserve Currency
url: https://www.ml-quant.com/papers/ssrn/4826060/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4826060
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4826060
featured: 2024-05-15
citations: unknown
topic: Macro-Finance & Rates
---


# Reserve Currency

The article suggests a model that links global recessions to increased demand for U.S. safe bonds, strengthening the dollar and boosting U.S. wealth and consumption.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4826060
- Identifier: SSRN 4826060
- Released: 2024-05-01
- First featured: Quant Letter No. 49 (2024-05-15): https://www.ml-quant.com/issues/2024-05-15/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates

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