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. [431]
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