A General Equilibrium Model with Informal Financial Markets.

The paper presents a general equilibrium framework for short-run macroeconomic analysis in a developing country context where controls on interest rates and foreign exchange restrictions lead to the emergence of informal financial markets. The complexity of the model precludes an analytical treatmen...

Полное описание

Библиографические подробности
Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1991.
Серии:IMF Working Papers; Working Paper ; No. 1991/018
Online-ссылка:Full text available on IMF