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...

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书目详细资料
主要作者: Lizondo, Jose Saul
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 1990.
丛编:IMF Working Papers; Working Paper ; No. 1990/090
在线阅读:Full text available on IMF