Exchange Rate Reform and Structural Disturbances in a Dual Exchange Rate Economy.

This paper analyzes the implications of devaluation and a variety of structural disturbances in a dual exchange rate economy. A key feature of the model developed is its explicit recognition of both private (fraudulent) and officially-sanctioned cross transactions between the two exchange markets. T...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1988.
Colecção:IMF Working Papers; Working Paper ; No. 1988/099
Assuntos:
Acesso em linha:Full text available on IMF