Liberating Supply-Fiscal Policy and Technological innovation in a Multicountry Model /

This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF's multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Laxton, Douglas
Weitere Verfasser: Bayoumi, Tamim, Coe, David
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1998.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1998/095
Online Zugang:Full text available on IMF