Determinants of the Spread in a Two-Tier Foreign Exchange Market.

The literature on two-tier foreign exchange markets has concentrated on relating various shocks to the spread between the exchange rates relevant to the two tiers of the exchange market. In some earlier work we found that none of the typical predictions of theory held up empirically as BLEU spread e...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1988.
سلاسل:IMF Working Papers; Working Paper ; No. 1988/067
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF