Determinants of Venezuela's Equilibrium Real Exchange Rate

Determinants of Venezuela's Equilibrium Real Exchange Rate
The Venezuelan Bolivar is pegged to the U.S. dollar and supported by foreign exchange restrictions. To assess the appropriateness of the peg during the current period of high oil export earnings and the likely consequences of a liberalization, this paper attempts to disentangle the effects of oil prices from other factors underlying the... READ MORE...

Publication date: March 2006
ISBN 9781451863345
$15.00

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