A Disequilibnum Model of Real and Financial Accumulation in an Open Economy : Theory, Evidence, and Policy Simulations

1 Methodological Problems -- 1.1 Why “Small” Models -- 1.2 Why Continuous Models -- 1.3 Plan of the Book -- 2 The Model -- 2.1 An Overwiew -- 2.2 The Single Equations -- 2.3 Steady-state, Comparative Dynamics, Stability, and Sensitivity -- 3 Empirical Results -- 3.1 Parameter Estimates -- 3.2 Stability and Sensitivity -- 3.3 Predictive Performance -- 4 Policy Simulations -- 4.1 Introduction -- 4.2 Antiinflationary Policies -- 4.3 Endogenous Exchange Rate Determination -- 4.4 Exogenous Variables Behaviour Altered -- 4.5 Global Strategies -- Appendix I -- 1.1 Derivation of the Steady-state and Comparative Dynamics Results -- 1.2 Linearization about the Steady-state -- 1.3 On the Elimination of Y? -- Appendix II -- II.1 Data Sources and Definitions -- II.1.1 Sources of Data -- II.1.2 Definition of Series -- II.2 On the Endogenous Estimation of Productivity -- II.3 Simulation Procedures -- II.4 Whither Simulations? -- References -- Author Index.