๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

The real exchange rate and the black market exchange rate in developing countries

โœ Scribed by Khalifa Hassanain

Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
236 KB
Volume
30
Category
Article
ISSN
0377-7332

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

Real exchange rates and developing count
Real exchange rates and developing countries
โœ Angelos Kanas ๐Ÿ“‚ Article ๐Ÿ“… 2009 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 495 KB

## Abstract As the real exchange rate of developing countries is especially vulnerable to stochastic events, standard unit root tests do not capture such events adequately. Using a Markov switching extension of the ADF test, which incorporates stochastic regime switching, we address the issue of re

Real exchange rate behaviour: evidence f
Real exchange rate behaviour: evidence from black markets
โœ Kul B. Luintel ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 263 KB

The behaviour of real exchange rates (relative to the US dollar) is examined using monthly data obtained from the black markets for foreign exchange of eight Asian developing countries. The data span is 31 years. The black market real exchange rates do not show excess volatility during the recent ยฏo

The black market premium and the rate of
The black market premium and the rate of inflation in a dual exchange rate regime
โœ Jianhuai Shi ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 197 KB ๐Ÿ‘ 2 views

This paper examines the relationship between the black market premium and the rate of inflation under a dual exchange rate regime consisting of an official market and a black market. By explicitly specifying the implicit export tax associated with the government budget constraint in a dynamic optimi