Infrequent Large Nominal Devaluations and their Impacton the Futures Prices for Foreign Exchange in Brazil.

Infrequent Large Nominal Devaluations and their Impacton the Futures Prices for Foreign Exchange in Brazil.

This paper discusses the behavior of futures prices for foreign exchange in Brazil during a period of high inflation and successive stabilization attempts (1989-92). After testing for futures prices unbiasedness and predicability by applying the Generalized Method of Moments, the paper argues that t...

पूर्ण विवरण

ग्रंथसूची विवरण
निगमित लेखक:	International Monetary Fund
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 1996.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 1996/049
ऑनलाइन पहुंच:	Full text available on IMF

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