00713nam a2200121Ia 450000500170000010000270001724501170004426000090016152003790017058300190054994200060056899900170057420260716043301.0 aAgenor, Pierre-Richard aStabilization policies in developing countries with a parallel market for foreign exchange : a formal framework. c1990 aDevelops 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. c3/7/00kM2LMGR cA c44067d44067