Tags → transaction

An analytical framework for evaluating transition impact of infrastructure projects: May 16, 2007 14:41
This paper provides a non-technical summary of a framework for evaluating the transition impact (social returns) of any infrastructure investment that reduces transaction costs and thereby intensifies product market competition. The framework applies both to physical and institutional infrastructure.

Financial Markets No comments yet
Tags: transition, investment, infrastructure, market, transaction
Parallel exchange rates in developing countries: November 23, 2007 13:11
Dual exchange rates and black markets for foreign exchange are common in developing countries, and a body of evidence is beginning to emerge on the effects that such parallel foreign exchange systems have on macroeconomic performance. This article presents a simple typology of parallel systems, discusses their emergence, and looks at why countries prefer these arrangements to the main alternatives.

Monetary and Credit Policy No comments yet
Tags: finance, exchange, transaction
Workers' remittances to developing countries : a survey with central banks on selected public policy issues: November 23, 2007 14:50
This paper presents the findings of a survey conducted by the World Bank of central banks in 40 developing countries across different regions in the world. The survey focused on the following topics: (1) coverage of national statistics on remittances, (2) cost of transferring and delivering remittances, (3) regulatory regime for remittance transactions, and (4) efforts of developing countries to channel remittance flows through formal financial institutions.

Migration No comments yet
Tags: remittances, migration, transactions, developing
Modeling Electronic FX Brokerage as a Fast Order-Driven Marketunder Heterogeneous Private Values and Information: January 18, 2008 17:32
The paper develops a theoretical framework for studying price formation in brokered foreign exchange markets with very high order arrival frequency (to be followed by an application to real data on Czech koruna transactions in subsequent work).

Financial Markets No comments yet
Tags: price, Czech, trade, transaction