Toward a Growth-Oriented Model of Financial Programming.

This paper extends the basic monetary model that underlies the monetary approach to the balance of payments to allow for the endogenous determination of the short-run growth rate of the economy. In the extended model domestic credit expansion affects not only the balance of payments but also the out...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1987.
Series:IMF Working Papers; Working Paper ; No. 1987/010
Acceso en liña:Full text available on IMF