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Title: |
Government Deficits, Output and Inflation in a Monetary Model of the
Balance of Payments: The Case of Haiti, 1970-83 |
| Author: |
Agenor,
Pierre-Richard |
| Author
Affiliation: |
IMF |
| Source: |
International Economic Journal, Summer 1990, v. 4, no. 2, pp. 59-73 |
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Publication Date: |
Summer 1990 |
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Abstract: |
A quarterly macro-econometric model of the
Haitian economy is estimated over the period 1970-1983. The model is
based on the Monetary Approach to the Balance of Payments, but differs
from the standard formulation in that it takes explicitly into account
autonomous components in the balance of payments. Simulation results
show that an increase in government spending has only a weak effect on
real output but a rather powerful impact on the trade balance and the
net external assets position of the banking system. |
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