An Econometric Rational Expectations Macroeconomic Model for Developing Countries with Capital Controls »
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 1990
Keywords: capital mobility, equation, equations, statistics, correlation
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 heterogen...