An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls

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An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1990-02-01
An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-02-01 with Business & Economics categories.
A small macroeconomic model based on familiar theoretical considerations is developed and estimated using data from 31 developing countries. Efficient estimation techniques are used to control for country heterogeneity under the assumption of rational expectations. The estimates and the test statistics suggest that the model could serve well as a framework for developing-country macroeconomic analysis. An interesting feature of the specification of the model is that it allows the hypothesis of capital mobility to be explicitly tested. The empirical analysis suggests that on average developing countries tend to exhibit a high degree of capital mobility.
An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls
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Author : Nadeem Ul Haque
language : en
Publisher:
Release Date : 1990
An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls written by Nadeem Ul Haque and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Capital movements categories.
An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls
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Author : Nadeem Ul Haque
language : en
Publisher:
Release Date : 2006
An Econometric Rational Expectations Macroeconomic Model For Developing Countries With Capital Controls written by Nadeem Ul Haque and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
A small macroeconomic model based on familiar theoretical considerations is developed and estimated using data from 31 developing countries. Efficient estimation techniques are used to control for country heterogeneity under the assumption of rational expectations. The estimates and the test statistics suggest that the model could serve well as a framework for developing-country macroeconomic analysis. An interesting feature of the specification of the model is that it allows the hypothesis of capital mobility to be explicitly tested. The empirical analysis suggests that on average developing countries tend to exhibit a high degree of capital mobility.
Imf Staff Papers Volume 37 No 3
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1990-01-01
Imf Staff Papers Volume 37 No 3 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-01-01 with Business & Economics categories.
This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF’s multiregion econometric model (MULTIMOD). The study highlights that an older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower capital stock and output. Effects on current balances will depend on the relative speed and extent of aging.
Macroeconomic Models For Adjustment In Developing Countries
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1991-06-15
Macroeconomic Models For Adjustment In Developing Countries written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-06-15 with Business & Economics categories.
This volume, edited by Mohsin S. Khan, Peter J. Montiel, and Nadeem U. Haque, examines recent IMF-developed empirical macroeconomic models dealing with adjustment and stabilization policies in developing countries. Some models are relevant for specific countries, and others relate to groups of developing countries.
Protection And Export Performance In Sub Saharan Africa
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Author : Mr.Dean A. DeRosa
language : en
Publisher: International Monetary Fund
Release Date : 1990-09-01
Protection And Export Performance In Sub Saharan Africa written by Mr.Dean A. DeRosa and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-09-01 with Business & Economics categories.
This paper examines the extent and structure of nominal protection in a large sample of Sub-Saharan countries, and provides estimates of the effects of this protection on the exports of these countries. Both tariff rates and the frequency of nontariff barriers are found to be appreciably higher on average in the Sub-Saharan countries than in other developing countries. The empirical estimates, based on simulations of a simple model of trade and real exchange rate adjustment, suggest that protection reduces the value of the sample countries’ exports (relative to baseline levels) by between 15 and 33 percent per annum, and inhibits export diversification.
International Bibliography Of The Social Sciences
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Author : British Library of Political and Economic Science
language : en
Publisher: Psychology Press
Release Date : 1992
International Bibliography Of The Social Sciences written by British Library of Political and Economic Science and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehenisve knowledge of the social sciences.
Imf Working Paper
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Author :
language : en
Publisher:
Release Date : 1991
Imf Working Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Finance categories.
The New Palgrave Dictionary Of Economics
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Author :
language : en
Publisher: Springer
Release Date : 2016-05-18
The New Palgrave Dictionary Of Economics written by and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-18 with Law categories.
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Parallel Exchange Rates In Developing Countries
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Author : Miguel A. Kiguel
language : en
Publisher: Springer
Release Date : 2016-07-27
Parallel Exchange Rates In Developing Countries written by Miguel A. Kiguel and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
'...the most definitive study of the subject, assembling an all-star cast to address the many outstanding questions and succeeding beyond expectations in combining elegant theory and state of the art econometrics to reach very sensible policy conclusions.' - Mohsin S. Khan, Deputy Director, Research Department, International Monetary Fund ' This book fills an important vacuum in the literature of the economic consequences of parallel markets and should prove of great value to students of economic development and to policy-makers in developing countries as they struggle to reform their exchange rate and trade incentive systems. Here they will find all that they need to know.' - Vittorio Corbo, Professor of Economics, Universidad Catolica de Chile 'A most comprehensive treatment of the relationships between parallel foreign exchange markets and macroeconomic policies, both across countries and over time. The book substantially enhances our understanding of how these systems work in practice and will be of great interest to policy-makers, researchers and graduate students of economic policy.' - Samuel M. Wangwe, Professor of Economics, University of Dar es Salaam and Executive Director, Economic and Social Research Foundation, Dar es Salaam, Tanzania This book examines extensive empirical evidence on the macroeconomic implications of parallel exchange rates in developing countries. Eight case-studies from Africa, Latin America, and Turkey provide detailed evidence on the emergence of parallel exchange rates, their impact on macroeconomic performance, and the criteria for successful exchange-rate unification. A chapter on European dual exchange rates summarizes the contrasting experience of industrial countries. An overview chapter lays out the analytical framework, assesses the evidence, and draws policy conclusions.