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...

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Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1991.
Серія:IMF Working Papers; Working Paper ; No. 1991/018
Онлайн доступ:Full text available on IMF