Franklin

A Forward-Looking Macroeconomic Simulation Model for a Developing Country [electronic resource]

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1989.
Series:
IMF eLibrary
IMF Working Papers
Format/Description:
Government document
Book
1 online resource (48 p.)
Local subjects:
Adaptive expectations. (search)
Aggregate demand. (search)
Currency units. (search)
Dual exchange rate. (search)
Dual exchange rates. (search)
Exchange arrangements. (search)
Exchange rate. (search)
Exchange rate appreciation. (search)
Exchange rate regime. (search)
Exchange rate shock. (search)
Exchange rate systems. (search)
Exchange rates. (search)
Exchange reserves. (search)
Exchange sales. (search)
Fixed exchange rate. (search)
Foreign currency. (search)
Foreign exchange. (search)
Foreign exchange reserves. (search)
Foreign exchange sales. (search)
High inflation. (search)
Inflation. (search)
Inflation rates. (search)
Macroeconomic analysis. (search)
Market exchange rate. (search)
Monetary base. (search)
Monetary policy. (search)
Money stock. (search)
Money supply. (search)
Nominal interest rate. (search)
Nominal interest rates. (search)
Nominal variables. (search)
Official exchange rate. (search)
Price elasticity. (search)
Price level. (search)
Rate of inflation. (search)
Rational expectations. (search)
Real exchange rate. (search)
Real exchange rate appreciation. (search)
Real interest rate. (search)
Real interest rates. (search)
Real money. (search)
Real money supply. (search)
Real output. (search)
Real rate of interest. (search)
Real variables. (search)
Relative price. (search)
Stock of money. (search)
Brazil. (search)
Colombia. (search)
Mexico. (search)
Summary:
The paper develops a small dynamic macroeconomic simulation model for a representative developing country which relies on familiar macroeconomic theory and in which expectations are formed rationally. The model is useful for the analysis and simulation of important policy questions in a general-equilibrium setting. Several policy experiments are conducted which illustrate the workings of the model and yield fresh insights into the effects of standard macroeconomic policies in developing countries.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451969848:
9781451969849
ISSN:
1018-5941
Publisher Number:
10.5089/9781451969849.001
Access Restriction:
Restricted for use by site license.
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