Credit policy, inflation and growth in a financially repressed economy.
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TextSeries: The world bank reprint series no. 318Publication details: Washington : World Bank, 1983.Subject(s): Summary: This paper gives an analysis of credit policy in an open economy macro-model incorporating stylized facts about the financial sector of LDC's (absence of security markets, existence of a curbmarket) These facts are incorporated in the financial sector part of a keynes-wicksell growth model.
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This paper gives an analysis of credit policy in an open economy macro-model incorporating stylized facts about the financial sector of LDC's (absence of security markets, existence of a curbmarket) These facts are incorporated in the financial sector part of a keynes-wicksell growth model.
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