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Traditionally the choice of exchange rate regime has been seen as a second-best policy choice,...

The literature on two-tier foreign exchange markets has concentrated on relating various shocks...

This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows...

This paper focuses on assessments of real exchange rates using PPP data and examines their...

The issue of the appropriate exchange rate regime for individual countries has been perennially...

This study provides evidence that episodes of internal stability of exchange rates among the 11...