An Econometric Rational Expectations Macroeconomic Model for Developing Countries with Capital Controls.

A small macroeconomic model based on familiar theoretical considerations is developed and estimated using data from 31 developing countries. Efficient estimation techniques are used to control for country heterogeneity under the assumption of rational expectations. The estimates and the test statist...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1990.
Collection:IMF Working Papers; Working Paper ; No. 1990/011
Accès en ligne:Full text available on IMF