Cargando…

Determinants of Venezuela's equilibrium real exchange rate /

The Venezuelan Bolivar is pegged to the U.S. dollar and supported by foreign exchange restrictions. To assess the appropriateness of the peg during the current period of high oil export earnings and the likely consequences of a liberalization, this paper attempts to disentangle the effects of oil pr...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Zalduendo, Juan (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Western Hemisphere Dept., ©2006.
Colección:IMF working paper ; WP/06/74.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. THE FRAMEWORK
  • III. ADJUSTING FOR THE PARALLEL EXCHANGE MARKET
  • IV. ASSESSMENT OF OVER- OR UNDER-VALUATION
  • V. CONCLUSIONS
  • References