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...

詳細記述

書誌詳細
第一著者: Ostry, Jonathan
その他の著者: Montiel, Peter
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1993.
シリーズ:IMF Working Papers; Working Paper ; No. 1993/070
オンライン・アクセス:Full text available on IMF