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Foreign exchange controls, fiscal and monetary policy, and the black market premium

Fardmanesh, Mohsen; Douglas, Seymour - 2003

Persistent link: https://www.econbiz.de/10001856166

Protection and the Own-Funds Window in Tanzania : An Analytical Framework and Estimates of the Effects of Trade Liberalization

DeRosa, Dean A. - 1991

This paper presents a simple partial equilibrium framework for considering the economic implications of administered protection in Tanzania, against the background of the country’s parallel exchange market and the establishment of the own-funds and open general license (OGL) facilities for...

Persistent link: https://www.econbiz.de/10014398474

Inflation and the black market exchange rate in a repressed market : a model of Venezuela

Cerra, Valerie - 2016

This paper presents a stylized general equilibrium model of the Venezuelan economy. The model explains how the recent sharp fall in oil revenue combines with foreign exchange rationing to produce a steep rise in inflation. Counterintuitively, a devaluation of the official exchange rate could...

Persistent link: https://www.econbiz.de/10011715115

Foreign exchange controls, fiscal and monetary policy, and the black market premium

Fardmanesh, Mohsen; Douglas, Seymour - 2003

This paper examines the relationship between the official and parallel exchange rates, in three Caribbean countries, Guyana, Jamaica and Trinidad, during the 1985-1993 period using cointegration, Granger causality, and reduced form methods. The official and parallel rates are cointegrated in all...

Persistent link: https://www.econbiz.de/10011609644

Foreign Exchange Controls, Fiscal and Monetary Policy, and the Black Market Premium

Fardmanesh, Mohsen; Douglas, Seymour - 2004

Persistent link: https://www.econbiz.de/10014073818

Exchange Control, Black Market for Foreign Exchange, and Employment in a Model with a Nontraded Good

Acharyya, Rajat - 2004

This paper examines the employment effect of devaluation in a model with a nontraded good and a black market for foreign exchange. The disaggregative approach reveals, in contrast to an earlier one-sector analysis, that overall employment may change even if the exchange control is such that...

Persistent link: https://www.econbiz.de/10014074485

Foreign Exchange Control in Nigeria and the Emefiele Approach - How Far Is Too Far?

Alabi, Folake - 2017

foreign exchange (“Forex”) regime. In times past, Nigeria has adopted very stringent approach to the regulation of the Forex … (Monitoring and Miscellaneous Provisions) Act (“Forex Act”). The foregoing notwithstanding, the Central Bank of Nigeria (“CBN …”), in recent times, in addressing the depreciation cum devaluation of the Nigeria's currency alongside the recent blow …

Persistent link: https://www.econbiz.de/10012970921

Macroeconomic Policies and Smuggling : An Analysis of Illegal Oil Trade in Nigeria

Wang, Jian-ye - 1994

Based on a simple model, the paper provides an explanation for illegal oil trade between Nigeria and its neighboring … oil constant. Macroeconomic indicators of Nigeria over the period 1986-1993 appear to support the predictions of the model …

Persistent link: https://www.econbiz.de/10014395857

Protecting antiquities : a role for long‐term leases?

Kremer, Michael; Wilkening, Tom - 2010

Persistent link: https://www.econbiz.de/10008771580

Optimal tariffs with smuggling : a spatial analysis of Nigerian rice policy options

Johnson, Michael; Dorosh, Paul - 2015

Persistent link: https://www.econbiz.de/10011490152