A Model of Adjustment and Growth : An Empirical Analysis.
This paper develops a model merging the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The empirical part of the paper presents estimates of the key parameter...
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1989.
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Serie: | IMF Working Papers; Working Paper ;
No. 1989/032 |
Accesso online: | Full text available on IMF |