Is the Parallel Market Premium a Reliable Indicator of Real Exchange Rate Misalignment in Developing Countries /

It is often argued that the parallel market premium is a useful indicator of real exchange rate misalignment in developing countries. The empirical evidence does not, however, suggest the existence of a robust correlation between these two endogenous variables that is independent of the nature of ec...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Ostry, Jonathan
अन्य लेखक: Montiel, Peter
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1993.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1993/070
ऑनलाइन पहुंच:Full text available on IMF