A Forward-Looking Macroeconomic Simulation Model for a Developing Country
Download or Read eBook A Forward-Looking Macroeconomic Simulation Model for a Developing Country PDF written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-06-23 with total page 48 pages. Available in PDF, EPUB and Kindle.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 48 |
Release | : 1989-06-23 |
ISBN-10 | : 9781451969849 |
ISBN-13 | : 1451969848 |
Rating | : 4/5 (49 Downloads) |
Book Synopsis A Forward-Looking Macroeconomic Simulation Model for a Developing Country by : International Monetary Fund
Book excerpt: 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.