Exchange rate controls and illegal trade in Brazil: a lesson from the 80´s

The coexistence of exchange rate control, a black market for foreign currency and illegal trade has been a common characteristic of developing economies. The paper undertakes an empirical investigation about the interaction between high premia on the black market for the Dollar and illegal trade for...

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Auteur principal: Marcos C. Holanda
Format: article
Langue:EN
PT
Publié: Universidade de São Paulo 2000
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Accès en ligne:https://doaj.org/article/155e502a839c4457b3952824e1edb1ed
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