Parallel currency markets in developing countries : theory, evidence, and policy implications /
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| Author / Creator: | Agénor, Pierre-Richard, author. |
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| Imprint: | [Washington, D.C.] : International Monetary Fund, Research Department, [1990] |
| Description: | 1 online resource (iii, 40 pages) : illustrations. |
| Language: | English |
| Series: | IMF working paper ; WP/90/114 IMF working paper ; WP/90/114. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497575 |
| Summary: | The paper reviews recent theoretical and empirical developments in the analysis of informal currency markets in developing countries. The basic characteristics of these markets are highlighted, and alternative analytical models to explain them are discussed. The implications for exchange rate policy --including imposition of foreign exchange restrictions, devaluation, and unification of exchange markets-- in countries with a sizable parallel market are also examined. |
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| Item Description: | "December 1990." |
| Physical Description: | 1 online resource (iii, 40 pages) : illustrations. |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
| Bibliography: | Includes bibliographical references (pages 34-40). |
| ISBN: | 1455289779 9781455289776 |