Output and Unanticipated Money in the Dependent Economy Model
Output and Unanticipated Money in the Dependent Economy Model
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Publisher
Washington: International Monetary Fund
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Language
English
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Publisher
Washington: International Monetary Fund
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Contents
This paper builds a "new classical" model for a fixed-exchange rate economy based on the dependent economy framework, which has proved particularly fruitful for the analysis of macroeconomic issues in developing countries. The implied reduced-form output equations are quite different from their closed, one-sector counterparts. In particular, antici...
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Full title
Output and Unanticipated Money in the Dependent Economy Model
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TN_cdi_proquest_miscellaneous_36945725
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_36945725
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ISSN
0020-8027,1020-7635
E-ISSN
1564-5150
DOI
10.2307/3867135
