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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Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1999.
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Reeks: | IMF Working Papers; Working Paper ;
No. 1999/090 |
Online toegang: | Full text available on IMF |