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Language: en
Pages: 411
Pages: 411
Type: BOOK - Published: 2016-07-27 - Publisher: Springer
'...the most definitive study of the subject, assembling an all-star cast to address the many outstanding questions and succeeding beyond expectations in combin
Language: en
Pages: 52
Pages: 52
Type: BOOK - Published: 1990-12-01 - Publisher: International Monetary Fund
The paper reviews recent theoretical and empirical developments in the analysis of informal currency markets in developing countries. The basic characteristics
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 1990-03-01 - Publisher: International Monetary Fund
The paper develops and tests a model of a developing economy that incorporates trade and capital restrictions, illegal transactions, a parallel foreign exchange
Language: en
Pages: 39
Pages: 39
Type: BOOK - Published: 1991 - Publisher:
Language: en
Pages: 26
Pages: 26
Type: BOOK - Published: 1993-08-01 - Publisher: International Monetary Fund
It is often argued that the parallel market premium is a useful indicator of real exchange rate misalignment in developing countries. The empirical evidence doe