Verfügbarkeit: A Noteon Dual Foreign Exchange Markets with official Rationing

A Noteon Dual Foreign Exchange Markets with official Rationing: Predetermined Versus Floating official Exchange Rate

This paper examines the relationship between the long run rate of inflation and the allocation of transactions between markets in economies that operate dual exchange market regimes and ration foreign exchange in the official market. It shows that wider access of importers to the official market, an...

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1. Verfasser:	Lizondo, José Saúl (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1991
Schriftenreihe:	IMF Working Papers Working Paper No. 91/31
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the relationship between the long run rate of inflation and the allocation of transactions between markets in economies that operate dual exchange market regimes and ration foreign exchange in the official market. It shows that wider access of importers to the official market, and wider access of exporters to the free market, are associated with higher rates of inflation and vice versa. The direction of causality among the various variables, and thus the effects of economic policies, depend on whether the official exchange rate is predetermined or floating
Beschreibung:	1 Online-Ressource (24 p)
ISBN:	1451844956 9781451844955

Internformat

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spelling	Lizondo, José Saúl Verfasser aut A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate Lizondo, José Saúl Washington, D.C International Monetary Fund 1991 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/31 This paper examines the relationship between the long run rate of inflation and the allocation of transactions between markets in economies that operate dual exchange market regimes and ration foreign exchange in the official market. It shows that wider access of importers to the official market, and wider access of exporters to the free market, are associated with higher rates of inflation and vice versa. The direction of causality among the various variables, and thus the effects of economic policies, depend on whether the official exchange rate is predetermined or floating Online-Ausg http://elibrary.imf.org/view/IMF001/00083-9781451844955/00083-9781451844955/00083-9781451844955.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Lizondo, José Saúl A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate
title	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate
title_auth	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate
title_exact_search	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate
title_exact_search_txtP	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate
title_full	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate Lizondo, José Saúl
title_fullStr	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate Lizondo, José Saúl
title_full_unstemmed	A Noteon Dual Foreign Exchange Markets with official Rationing Predetermined Versus Floating official Exchange Rate Lizondo, José Saúl
title_short	A Noteon Dual Foreign Exchange Markets with official Rationing
title_sort	a noteon dual foreign exchange markets with official rationing predetermined versus floating official exchange rate
title_sub	Predetermined Versus Floating official Exchange Rate
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