IDEAS home Printed from https://ideas.repec.org/a/emx/esteco/v5y1990i1p125-156.html

Propiedades aislantes de los tipos de cambio duales: Un modelo neoclásico

Author

Listed:
  • Aaron Tornell

    (Columbia University)

Abstract

No abstract is available for this item.

Suggested Citation

  • Aaron Tornell, 1990. "Propiedades aislantes de los tipos de cambio duales: Un modelo neoclásico," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 5(1), pages 125-156.
    • Handle: RePEc:emx:esteco:v:5:y:1990:i:1:p:125-156
    as

    Download full text from publisher

    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/331/334
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Adams, Charles & Greenwood, Jeremy, 1985. "Dual exchange rate systems and capital controls: An investigation," Journal of International Economics, Elsevier, vol. 18(1-2), pages 43-63, February.
    2. Pertti Haaparanta, 1986. "Dual Exchange Markets and Intervention," WIDER Working Paper Series wp-1986-006, World Institute for Development Economic Research (UNU-WIDER).
    3. James Tobin, 1978. "A Proposal for International Monetary Reform," Eastern Economic Journal, Eastern Economic Association, vol. 4(3-4), pages 153-159, Jul/Oct.
    4. Flood, Robert P., 1978. "Exchange rate expectations in dual exchange markets," Journal of International Economics, Elsevier, vol. 8(1), pages 65-77, February.
    5. Philippe Weil, 1987. "Confidence and the Real Value of Money in an Overlapping Generations Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 1-22.
    6. Tirole, Jean, 1985. "Asset Bubbles and Overlapping Generations," Econometrica, Econometric Society, vol. 53(6), pages 1499-1528, November.
    7. Robert P. Flood & Nancy Peregrim Marion, 1982. "The Transmission of Disturbances under Alternative Exchange-Rate Regimes with Optimal Indexing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(1), pages 43-66.
    8. de Macedo, Jorge Braga, 1982. "Exchange rate behavior with currency inconvertibility," Journal of International Economics, Elsevier, vol. 12(1-2), pages 65-81, February.
    9. Aizenman, Joshua, 1985. "Adjustment to monetary policy and devaluation under two-tier and fixed exchange rate regimes," Journal of Development Economics, Elsevier, vol. 18(1), pages 153-169.
    10. Bhandari, Jagdeep S. & Decaluwe, Bernard, 1987. "A stochastic model of incomplete separation between commercial and financial exchange markets," Journal of International Economics, Elsevier, vol. 22(1-2), pages 25-55, February.
    11. Obstfeld, Maurice, 1986. "Capital controls, the dual exchange rate, and devaluation," Journal of International Economics, Elsevier, vol. 20(1-2), pages 1-20, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Goldberg, Linda S., 1995. "Exchange rate regime reforms with black market leakages," Journal of Development Economics, Elsevier, vol. 48(1), pages 167-187, October.
    2. Frankel, Jacob A. & Razin, Assaf, 1985. "Aspects of Dual Exchange-Rate Regimes," Foerder Institute for Economic Research Working Papers 275395, Tel-Aviv University > Foerder Institute for Economic Research.
    3. Robert Flood & Nancy Marion, 1989. "Risk Neutrality and the Two-Tier Foreign Exchange Market: Evidence from Belgium," NBER Working Papers 3015, National Bureau of Economic Research, Inc.
    4. Jacob A. Frenkel & Assaf Razin, 1986. "The Limited Viability of Dual Exchange-Rate Regimes," NBER Working Papers 1902, National Bureau of Economic Research, Inc.
    5. Pertti Haaparanta, 1986. "Dual Exchange Markets and Intervention," WIDER Working Paper Series wp-1986-006, World Institute for Development Economic Research (UNU-WIDER).
    6. Dudley Cooke, 2007. "How do Capital Controls Affect the Transmission of Foreign Shocks?," EPRU Working Paper Series 07-02, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    7. Haaparanta, Pertti, "undated". "Dual Exchange Markets and Intervention," WIDER Working Papers 295591, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
    8. Eran Yashiv, 1997. "Capital Controls as Taxation Policy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 4(3), pages 263-276, July.
    9. Eran Yashiv, 1997. "Capital Controls as Taxation Policy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 4(3), pages 263-276, July.
    10. Guillermo Vuletin, 2013. "Exchange Rate Regimes And Fiscal Discipline: The Role Of Capital Controls," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 2096-2109, October.
    11. Joshua Aizenman, 1986. "Country Risk, Asymmetric Information and Domestic Policies," NBER Working Papers 1880, National Bureau of Economic Research, Inc.
    12. Huo, T. -M., 1996. "Monetary confidence and asset prices," International Review of Economics & Finance, Elsevier, vol. 5(4), pages 363-376.
    13. Ken‐ichi Hashimoto & Ryonghun Im & Takuma Kunieda & Akihisa Shibata, 2022. "Asset bubbles, unemployment, and financial market frictions," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1806-1832, October.
    14. Hirano, Tomohiro & Inaba, Masaru & Yanagawa, Noriyuki, 2015. "Asset bubbles and bailouts," Journal of Monetary Economics, Elsevier, vol. 76(S), pages 71-89.
    15. Kiminori Matsuyama, 1989. "Serial Correlation of Sunspot Equilibria (Rational Bubbles) in Two Popular Models of Monetary Economies," Discussion Papers 827, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    16. Raurich, Xavier & Seegmuller, Thomas, 2019. "On the interplay between speculative bubbles and productive investment," European Economic Review, Elsevier, vol. 111(C), pages 400-420.
    17. Miao, Jianjun & Wang, Pengfei, 2015. "Banking bubbles and financial crises," Journal of Economic Theory, Elsevier, vol. 157(C), pages 763-792.
    18. Larin, Benjamin, 2016. "Bubble-driven business cycles," Working Papers 143, University of Leipzig, Faculty of Economics and Management Science.
    19. Bengui, Julien & Phan, Toan, 2018. "Asset pledgeability and endogenously leveraged bubbles," Journal of Economic Theory, Elsevier, vol. 177(C), pages 280-314.
    20. Jouini, Elyès, 2026. "Dancing to the wrong tune: How rational myopia, belief heterogeneity, and adjustment costs shape financial bubbles," Journal of Economic Dynamics and Control, Elsevier, vol. 183(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emx:esteco:v:5:y:1990:i:1:p:125-156. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ximena Varela (email available below). General contact details of provider: https://edirc.repec.org/data/cecolmx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.