Alternative Dual Exchange Market Regimes : Some Steady State Comparisons /

This paper compares two alternative dual exchange market regimes. In one of them, the official market clears through changes in international reserves, while in the other regime, the central bank implements a rationing scheme so as to keep international reserves constant. The paper discusses the eff...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Lizondo, Jose Saul
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1990.
Sraith:IMF Working Papers; Working Paper ; No. 1990/090
Rochtain ar líne:Full text available on IMF