“A Model of Adjustment and Growth

A model that merges 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 and estimated. The tradeoff between the simplifying assumtions of the model and its ability to fit reality is assessed in terms of a diverse sample of developing countries for which the key parameters of the model are estimated.

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Year of publication:	1990-03
Authors:	Reinhart, Carmen
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Monetary approach to the balance of payments \| economic growth \| developing countries

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in IMF Staff Papers, 1.37(1990): pp. 168-182
Classification:	C51 - Model Construction and Estimation ; F4 - Macroeconomic Aspects of International Trade and Finance ; F41 - Open Economy Macroeconomics ; F43 - Economic Growth of Open Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005619504