Search Results - subject:"Black Market Exchange Rate"

Incorporating daily market uncertainty data into a conventional short-run dynamic model : the case of the black-market exchange rate in Iran

Valadkhani, Abbas; Nguyen, Jeremy; Hajargasht, Reza - In: Applied economics 51 (2019) 45, pp. 4982-4991

Persistent link: https://www.econbiz.de/10012197129

How can a strong currency or drop in oil prices raise inflation and the black-market premium?

Cerra, Valerie - In: Economic modelling 76 (2019), pp. 1-13

Persistent link: https://www.econbiz.de/10012198163

Long Run Tendencies and Short Run Adjustments Between Official and Black Market Exchange Rates in MENA Countries

Kula, Ferit; Aslan, Alper; Öztürk, Ýlhan - In: International Journal of Economics and Financial Issues 4 (2014) 3, pp. 494-500

This study makes an attempt to examine the long run relationship between the official and black market exchange rates using monthly data for a sample of 13 Middle East and Northern African (MENA) countries from 1970 to 1998. Using the Pool Mean Group framework, the article provides evidence on...

Persistent link: https://www.econbiz.de/10010801065

Long run tendencies and short run adjustments between official and black market exchange rates in MENA countries

Kula, Ferit; Aslan, Alper; Öztürk, İlhan - In: International journal of economics and financial issues … 4 (2014) 3, pp. 494-500

Persistent link: https://www.econbiz.de/10010520884

Testing Black Market vs. Official PPP: A Pooled Mean Group Estimation Approach

Goswami, Gour Gobinda; Hossain, Mohammad Zariab - Volkswirtschaftliche Fakultät, … - 2013

Testing purchasing power parity (PPP) using black market exchange rate data has gained popularity in recent times. It … is claimed that black market exchange rate data more often support the PPP than the official exchange rate data. In this … and Rogoff (2002) dataset on black market exchange rate in the framework of Bahmani-Oskooee and Goswami (2005), the …

Persistent link: https://www.econbiz.de/10011240407

Money demand and black market exchange rate : a cointegration approach with structural break

AI Samara, Mouyad; Charfeddine, Lanouar; Mrabet, Zouhair - In: Afro-Asian Journal of Finance and Accounting : AAJFA 7 (2017) 2, pp. 177-199

Persistent link: https://www.econbiz.de/10011748635

How can Iran’s black market exchange rate be managed?

Valadkhani, Abbas; Kamalian, Amin Reza; Nameni, Majid - School of Accounting, Economics, and Finance, … - 2009

of the black market exchange rate. This paper uses the multivariate cointegration test, a threshold regression model and … of foreign debt and the price of crude oil are the major long-run determinants of the black market exchange rate. However …

Persistent link: https://www.econbiz.de/10008558632

Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa

Singh, Raju Jan; Lee, Kyung-woo; Haacker, Markus - International Monetary Fund (IMF) - 2009

The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds that remittances are larger for countries with a...

Persistent link: https://www.econbiz.de/10008559274

Zimbabwe’s Black Market for Foreign Exchange

Makochekanwa, Albert - Department of Economics, Faculty of Economic and … - 2007

This paper looks into the changes of the black market premium for foreign exchange in Zimbabwe. Generally, the black market for foreign exchange arises as a direct consequence of the adoption of exchange rate controls in many developing economies facing substantial macroeconomic imbalances....

Persistent link: https://www.econbiz.de/10005773213

What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador

Cáceres, Luis René; Saca, Nolvia Nery - International Monetary Fund (IMF) - 2006

Family remittances are important for El Salvador's economy. This paper analyzes the impact of remittances on El Salvador's economy and the spillover effects on the other Central American countries. A vector autoregression (VAR) model is formulated, consisting of real and monetary variables. The...

Persistent link: https://www.econbiz.de/10005599260