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...

Deskribapen osoa

Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1988.
Saila:IMF Working Papers; Working Paper ; No. 1988/067
Gaiak:
Sarrera elektronikoa:Full text available on IMF