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The objective of the note is to consider the integration of monetary sector in the macro-economic general equilibrium model of Bangladesh. After summarizing the relationships of the real sector in which bank advances or credit can play an important role, the author describes the relationships of...
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The present paper aims at critically reviewing the technical framework of the Third Five-Year Plan of the Bangladesh economy prepared by economists from the Netherlands using the applied general equilibrium approach. The treatment of imports and investment, expressed as a function of income,...
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The paper constructs a macro-econometric model of the Bangladesh economy using the keynesian approach of price rigidity with quantity rationing. It also explicitly brings out the structure of the economy and interdependence between various sectors of the economy and, to capture the effects of...
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Having tested the hypothesis that there is a causal relationship between money supply and the aggregate price index, the authors develop and estimate a simple model of Indonesia's monetary sector using quarterly time-series data for the period 1969 (I) to 1984 (IV). The hypothesis of a causal...
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