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Measurements of Static Welfare Losses, Distribution Inequities, and Revenues in the Brazilian Multiple Auction Exchange Rate System

Donald L. Huddle

Rice University

I. Introduction, 490. — II. A brief description of the system, 491. — III. Static welfare losses from foreign exchange pricing, 491. — IV. Revenue gains and losses, 495. — V. Other costs and offsets, 498. — Appendix A: general method: converting loss estimates to linear estimates around the regression means, 499. — Appendix B: methodology of welfare loss calculations, 500.

DOI

10.2307/1885270

Volume

89 (3)

Pages

490

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