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...

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Detalles Bibliográficos
Autor principal: Laxton, Douglas
Otros Autores: Bayoumi, Tamim, Coe, David
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1998.
Colección:IMF Working Papers; Working Paper ; No. 1998/095
Acceso en línea:Full text available on IMF