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...

ver descrição completa

Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1990.
coleção:IMF Working Papers; Working Paper ; No. 1990/011
Acesso em linha:Full text available on IMF