Alternative dual exchange market regimes: some steady state comparisons |
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Contents
Alternative Dual Exchange Market Regimes | 3 |
Economic Policy Under Dual Exchange Market Regimes | 9 |
Unification of the Foreign Exchange Markets | 15 |
1 other sections not shown
Common terms and phrases
actual public sector adopting a rationing balance of payments central bank profits clears through changes condition for equilibrium demand for money denoted discussion domestic money domestic price ds/dgn dual exchange market dual regimes dual system economy exchange market regimes exchange rate defined exchange regimes expenditure on nontraded expenditure on traded exports floating exchange rate foreign exchange markets free exchange rate free market gn pn/P gt pt/P higher than unity implicit exchange tax implies increase in public Kharas and Pinto Lizondo lower than unity monetary expansion nontraded goods market official exchange rate official market official rate policies price of traded private sector transactions public sector deficit public sector expenditure public sector imports public sector transactions rate of crawl rate of inflation rationing scheme real exchange rate real quantity relative price reserves adjustment model reserves adjustment regime reserves rationing model reserves rationing regime spread increases steady state balance steady state equilibrium traded and nontraded
Bibliographic information
| Title | Alternative dual exchange market regimes: some steady state comparisons Volume 90 of IMF working paper Alternative Dual Exchange Market Regimes: Some Steady State Comparisons, Jose Saul Lizondo |
| Authors | Jose Saul Lizondo, International Monetary Fund |
| Publisher | International Monetary Fund, Research Dept., 1990 |
| Original from | the University of California |
| Digitized | Aug 20, 2008 |
| Length | 24 pages |
| Subjects | › Business & Economics / Foreign Exchange Foreign exchange |
| Export Citation | BiBTeX EndNote RefMan |