Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451920741
Total Pages : 54 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations by : International Monetary Fund

Download or read book Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations written by International Monetary Fund and published by International Monetary Fund. This book was released on 1990-03-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamic responses of a developing economy to a variety of policy and external shocks are studied using an empirical macroeconomic model which embodies rational expectations, perfect capital mobility, and import rationing. These features, which are relatively new in developing-country modelling, prove to be quite important in determining the model’s dynamic properties. This suggests that macroeconomic management in developing countries--such as that involved in short-run stabilization--requires that such features be explicitly taken into account.

Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations by : Nadeem Ul Haque

Download or read book Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations written by Nadeem Ul Haque and published by . This book was released on 2006 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dynamic responses of a developing economy to a variety of policy and external shocks are studied using an empirical macroeconomic model which embodies rational expectations, perfect capital mobility, and import rationing. These features, which are relatively new in developing-country modelling, prove to be quite important in determining the model`s dynamic properties. This suggests that macroeconomic management in developing countries--such as that involved in short-run stabilization--requires that such features be explicitly taken into account.

Developing Country Policy Responses to Exogenous Shocks. Policy Responses to Exogenous Shocks in Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (63 download)

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Book Synopsis Developing Country Policy Responses to Exogenous Shocks. Policy Responses to Exogenous Shocks in Developing Countries by : Bela A. Balassa

Download or read book Developing Country Policy Responses to Exogenous Shocks. Policy Responses to Exogenous Shocks in Developing Countries written by Bela A. Balassa and published by . This book was released on 1986 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technology Shocks and Aggregate Fluctuations

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Publisher : International Monetary Fund
ISBN 13 : 1451875657
Total Pages : 68 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Technology Shocks and Aggregate Fluctuations by : Mr.Pau Rabanal

Download or read book Technology Shocks and Aggregate Fluctuations written by Mr.Pau Rabanal and published by International Monetary Fund. This book was released on 2004-12-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures.

Macroeconomic Models for Adjustment in Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 9781557752192
Total Pages : 340 pages
Book Rating : 4.7/5 (521 download)

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Book Synopsis Macroeconomic Models for Adjustment in Developing Countries by : International Monetary Fund

Download or read book Macroeconomic Models for Adjustment in Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1991-06-15 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Dynamic Response to Foreign Transfers and Terms-of-trade Shocks in Open Economies

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)

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Book Synopsis Dynamic Response to Foreign Transfers and Terms-of-trade Shocks in Open Economies by : Klaus Schmidt-Hebbel

Download or read book Dynamic Response to Foreign Transfers and Terms-of-trade Shocks in Open Economies written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1992 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both permanent and transitory disturbances can change long- run capacity and output -- although they may have opposite effects on the current account. Liquidity constraints and wage rigidities tend to amplify the cyclical adjustment to external shocks.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effectiveness of Fiscal Policy in Stimulating Economic Activity by : Richard Hemming

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

An Empirical "Dependent Economy" Model for Pakistan

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Author :
Publisher : International Monetary Fund
ISBN 13 : 145185255X
Total Pages : 32 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis An Empirical "Dependent Economy" Model for Pakistan by : International Monetary Fund

Download or read book An Empirical "Dependent Economy" Model for Pakistan written by International Monetary Fund and published by International Monetary Fund. This book was released on 1991-10-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the “dependent economy” approach has been used extensively in theoretical work on developing countries, there is very little empirical analysis of it available in the literature. This paper specifies a dependent economy model which incorporates several developing-country features, including an explicit role for public investment and legal interest rate ceilings. The model is estimated for Pakistan and is used to analyze the country’s recent high growth-low inflation experience. In particular, the contribution that external inflows, in the form of workers’ remittances and concessional lending, may have made in generating this outcome is assessed.

South Asia Bibliography and Documentation: Social sciences

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Publisher :
ISBN 13 :
Total Pages : 388 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis South Asia Bibliography and Documentation: Social sciences by : B. M. Gupta

Download or read book South Asia Bibliography and Documentation: Social sciences written by B. M. Gupta and published by . This book was released on 1994 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bibliographie der Wirtschaftswissenschaften

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Publisher :
ISBN 13 :
Total Pages : 984 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Bibliographie der Wirtschaftswissenschaften by :

Download or read book Bibliographie der Wirtschaftswissenschaften written by and published by . This book was released on 1992 with total page 984 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bibliographie der Staats-und Wirtschaftswissenschaften

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Publisher :
ISBN 13 :
Total Pages : 976 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Bibliographie der Staats-und Wirtschaftswissenschaften by :

Download or read book Bibliographie der Staats-und Wirtschaftswissenschaften written by and published by . This book was released on 1992 with total page 976 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Contents of Recent Economics Journals

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Publisher :
ISBN 13 :
Total Pages : 388 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Contents of Recent Economics Journals by :

Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1991-07-26 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 1451850964
Total Pages : 43 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries by : Mr.Jean Le Dem

Download or read book Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries written by Mr.Jean Le Dem and published by International Monetary Fund. This book was released on 1995-08-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Côte d’Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking behavior, to urban and rural informal sectors, where wages are flexible and employment is affected by fluctuations in formal sector employment. Dynamic simulations assess the impact on key macroeconomic variables of a terms of trade improvement, a public wage decrease, and an exchange rate adjustment, highlighting the roles of rural-urban migrations and capital accumulation in the informal urban sector.

STAFF PAPERS

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Publisher :
ISBN 13 :
Total Pages : 480 pages
Book Rating : 4./5 ( download)

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Book Synopsis STAFF PAPERS by :

Download or read book STAFF PAPERS written by and published by . This book was released on 1990 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Research Anthology on Macroeconomics and the Achievement of Global Stability

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Publisher : IGI Global
ISBN 13 : 1668474611
Total Pages : 1953 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Research Anthology on Macroeconomics and the Achievement of Global Stability by : Management Association, Information Resources

Download or read book Research Anthology on Macroeconomics and the Achievement of Global Stability written by Management Association, Information Resources and published by IGI Global. This book was released on 2022-08-05 with total page 1953 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has shocked economies around the world and created an era of global instability. As the pandemic comes to a close, it is essential to examine global economies in order to achieve and maintain global stability. By maintaining global stability, the world may be prepared for future economic shocks. The Research Anthology on Macroeconomics and the Achievement of Global Stability discusses the emerging opportunities, challenges, and strategies within the field of macroeconomics. It features advancements in the field that encourage global economic stability. Covering topics such as Islamic banking, international trade, and Econophysics, this major reference work is an ideal resource for economists, government leaders and officials, business leaders and executives, finance professionals, students and educators of higher education, librarians, researchers, and academicians.

Finance and Trade in Africa

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Publisher : Springer
ISBN 13 : 0230502547
Total Pages : 452 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Finance and Trade in Africa by : A. Geda

Download or read book Finance and Trade in Africa written by A. Geda and published by Springer. This book was released on 2002-05-21 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: What constraints do history and the global economy place upon Africa's economic development? To answer this question, Alemayehu Geda offers a new study of international finance and trade in Africa using a global macro model focused on the region. A unique study of the African continent, this book offers development economists and policymakers an innovative alternative to the IMF and World Bank's framework for national development strategy.

International Bibliography of Economics

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Publisher : Psychology Press
ISBN 13 : 9780415074612
Total Pages : 766 pages
Book Rating : 4.0/5 (746 download)

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Book Synopsis International Bibliography of Economics by : British Library of Political and Economic Science

Download or read book International Bibliography of Economics written by British Library of Political and Economic Science and published by Psychology Press. This book was released on 1993 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 comprehensive knowledge of the social sciences.