Foreing exchange shadow prices : a critical review of current theories

This article is a review of currently accepted methods for calculating the shadow price of foreign exchange in developing countries. The authors wrote it in the field after spending some months dredging shadow price formulas from the literature, inventing new ones, rationalizing the whole lot in ter...

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Bibliographic Details
Main Authors: Bacha, Edmar, Taylor, Lance
Format: Book
Published: Cambridge Harvard University May 1971
Series:Quarterly Journal of Economics n. 2
Subjects: