Determinants of Angola's Parallel Market Real Exchange Rate /

The paper estimates Angola's equilibrium parallel market real exchange rate during the 1992-98 period. Using standard integration/co-integration techniques, the results fail to support the purchasing power parity hypothesis and indicate that two exogenous variables-the price of oil and the fore...

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Bibliografische gegevens
Hoofdauteur: Nagayasu, Jun
Andere auteurs: Gelbard, Enrique
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1999.
Reeks:IMF Working Papers; Working Paper ; No. 1999/090
Online toegang:Full text available on IMF