{"id":"https://openalex.org/W3124952885","doi":"https://doi.org/10.2307/3867485","title":"The Parallel Market Premium: Is It a Reliable Indicator of Real Exchange Rate Misalignment in Developing Countries?","display_name":"The Parallel Market Premium: Is It a Reliable Indicator of Real Exchange Rate Misalignment in Developing Countries?","publication_year":1994,"publication_date":"1994-03-01","ids":{"openalex":"https://openalex.org/W3124952885","doi":"https://doi.org/10.2307/3867485","mag":"3124952885"},"language":"en","primary_location":{"id":"doi:10.2307/3867485","doi":"https://doi.org/10.2307/3867485","is_oa":false,"landing_page_url":"https://doi.org/10.2307/3867485","pdf_url":null,"source":{"id":"https://openalex.org/S4210225973","display_name":"Staff Papers","issn_l":"0020-8027","issn":["0020-8027"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Staff Papers - International Monetary Fund","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5108221054","display_name":"Peter J. Montiel","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Peter J. Montiel","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5047282025","display_name":"Jonathan David Ostry","orcid":"https://orcid.org/0000-0002-0315-8378","observed_orcids":["https://orcid.org/0000-0002-0315-8378"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jonathan D. Ostry","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.432,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.94560669,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"41","issue":"1","first_page":"55","last_page":"55"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6089000105857849,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6089000105857849,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.3840000033378601,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0019000000320374966,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/real-exchange-rate-misalignment","display_name":"real exchange rate misalignment","score":0.9919999837875366},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.7409999966621399},{"id":"https://openalex.org/keywords/economic-shocks","display_name":"economic shocks","score":0.734000027179718},{"id":"https://openalex.org/keywords/structural-relationships","display_name":"structural relationships","score":0.5350000262260437}],"concepts":[{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.6234930753707886},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4475763142108917},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4153056740760803},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36752983927726746},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3527331054210663}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2307/3867485","doi":"https://doi.org/10.2307/3867485","is_oa":false,"landing_page_url":"https://doi.org/10.2307/3867485","pdf_url":null,"source":{"id":"https://openalex.org/S4210225973","display_name":"Staff Papers","issn_l":"0020-8027","issn":["0020-8027"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Staff Papers - International Monetary Fund","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:pal:imfstp:v:41:y:1994:i:1:p:55-75","doi":null,"is_oa":false,"landing_page_url":"http://www.jstor.org/stable/3867485?origin=pubexport","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W1580360841","https://openalex.org/W1589136000","https://openalex.org/W1982329124","https://openalex.org/W2017692463","https://openalex.org/W2067573685","https://openalex.org/W2122929775","https://openalex.org/W2134525612","https://openalex.org/W3121340751"],"related_works":["https://openalex.org/W2956090818","https://openalex.org/W2171203843","https://openalex.org/W7098809990","https://openalex.org/W2007442928","https://openalex.org/W1545188859","https://openalex.org/W2061575163","https://openalex.org/W7213536811","https://openalex.org/W4394575975","https://openalex.org/W2309243873","https://openalex.org/W2624677953"],"abstract_inverted_index":null,"counts_by_year":[{"year":2015,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2021-02-01T00:00:00"}