Exchange Rate Rules, Black Market Premia and Fiscal Deficits: The Bolivian Hyperinflation
- 1 July 1989
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 56 (3) , 435-447
- https://doi.org/10.2307/2297557
Abstract
With dual exchange rates, where a managed official exchange rate co-exists with a floating black market rate, a given budget deficit may be consistenKeywords
This publication has 0 references indexed in Scilit: