An experiment with official and parallel foreign exchange markets in a developing country

被引：7

作者：

Hazlett, D ^{[1
]}

Ganje, J ^{[1
]}

机构：

[1] Whitman Coll, Walla Walla, WA 99362 USA

来源：

JOURNAL OF ECONOMIC EDUCATION | 1999年 / 30卷 / 04期

关键词：

D O I：

10.2307/1182953

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Students take the roles of importers and exporters in a developing country. The experiment shows how international trade falls if the government tries to maintain an overvalued currency without expending international reserves. It also shows that the exchange rate in a parallel market without penalties (a gray market) approximates the free-market value of the currency, whereas the black-market rate need not do so.

引用

页码：392 / +

页数：11