Empirical Evidence on European Dual Exchange Rates and its Relevance for Latin America

63 Pages Posted: 4 Jan 2007 Last revised: 28 Mar 2010

See all articles by Nancy Peregrim Marion

Nancy Peregrim Marion

Dartmouth College - Department of Economics

Date Written: August 1991

Abstract

This paper uncovers some important empirical regularities for the European dual exchange markets of the early 1970s, examines some of the stylized facts about the Latin American dual-rate regimes and assesses whether there are strong parallels between the two. It concludes that one should be cautious about applying the lessons from the European experience to the Latin American ones.

Suggested Citation

Marion, Nancy P., Empirical Evidence on European Dual Exchange Rates and its Relevance for Latin America (August 1991). NBER Working Paper No. w3809, Available at SSRN: https://ssrn.com/abstract=473957

Nancy P. Marion (Contact Author)

Dartmouth College - Department of Economics ( email )

Hanover, NH 03755
United States
(603) 646-2511 (Phone)

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