search query: @indexterm informal economy / total: 89
reference: 14 / 89
| Author: | Speight, A. E. H. McMillan, D. G. |
| Title: | Volatility spillovers in East European blackmarket exchange rates |
| Journal: | Journal of International Money and Finance
2001 : JUN, VOL. 20:3, p. 367-378 |
| Index terms: | EXCHANGE RATES INFORMAL ECONOMY MARKET EFFICIENCY VOLATILITY EASTERN EUROPE |
| Language: | eng |
| Abstract: | This paper tests the efficiency of dollar exchange rate black-markets for the currencies of six formerly socialist countries of Eastern Europe, under conditions of imperfect information, high transaction costs and pronounced turbulence due to political and economic crisis and reform. |
SCIMA