00684nam a2200109Ia 4500 Agenor, Pierre-Richard Stabilization policies in developing countries with a parallel market for foreign exchange : a formal framework. 1990 Develops a model which incorporates trade and capital restrictions, illegal transactions, a parallel foreign exchange market, currency substitution features and forward-looking rational expectations. Uses this model to examine the implications of the existence of illegal trade transactions and parallel currency markets for short-run policy making in developing countries. 3/7/00 M2LMGR A 20732 20732 0 0 0 0 CRCM CRCM 2023-05-04 0 0000000014746 2023-05-04 00:00:00 2023-05-04 A