“A Model of Adjustment and Growth

Carmen Reinhart

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: Monetary approach to the balance of payments; economic growth; developing countries (search for similar items in EconPapers)
JEL-codes: C51 F4 F41 F43 (search for similar items in EconPapers)
Date: 1990-03
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Published in IMF Staff Papers, 1.37(1990): pp. 168-182

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Related works:
Working Paper: A model of adjustment and growth: An empirical analysis (1991)
Journal Article: A Model of Adjustment and Growth: An Empirical Analysis (1990)
Working Paper: A model of adjustment and growth: An empirical analysis (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:8145

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