Inflation and the Black Market Exchange Rate in a Repressed Market is popular PDF and ePub book, written by Ms.Valerie Cerra in 2016-08-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Inflation and the Black Market Exchange Rate in a Repressed Market can be Read Online from any device for your convenience.
Inflation and the Black Market Exchange Rate in a Repressed Market Book PDF Summary
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 temporarily reduce inflation. The model also explains how the hyper-depreciation of the black market exchange rate reflects prices in the most distorted goods markets.
Detail Book of Inflation and the Black Market Exchange Rate in a Repressed Market PDF
- Author : Ms.Valerie Cerra
- Release : 19 August 2016
- Publisher : International Monetary Fund
- ISBN : 9781475527797
- Genre : Business & Economics
- Total Page : 52 pages
- Language : English
- PDF File Size : 21,5 Mb
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