Balance of Payments, Output, and the IMF
Philippine Review of Economics
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Title |
Balance of Payments, Output, and the IMF
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Creator |
Alburo, Florian; Deputy Director-General, National Economic Development Authority and Professor of Economics, University of the Philippines
Canlas, Dante; Associate Professor of Economics, University of the Philippines |
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Subject |
—
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Description |
The paper presents a historical sketch of the various arrangements between the Philippine government and the IMF. It then tries to quantify the output effects of the IMF’s financial programming techniques using a Lucas-Barro type output equation. The model’s estimate of the decline in output for 1984 and 1985 arising from unanticipated money alone is 7 per cent. The actual decline was 9 per cent.
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Publisher |
Philippine Review of Economics
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Contributor |
—
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Date |
1986-12-08
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/317
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Source |
Philippine Review of Economics; Vol 23, No 3 & 4 (1986)
1655-1516 |
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/317/375
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Rights |
Copyright (c) 2017 Philippine Review of Economics
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