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Is Jamaica satisfying its intertemporal budget constraint

Durant, Ian

Is Jamaica satisfying its intertemporal budget constraint - BridgetownBB CDB 1994 - [3], 31 p.

Presents a brief historical description of Jamaica's balance of payments performance. Reviews the ideas presented by Wickens and Uctum, showing the conditions under which a country satisfies its intertemporal budget constraint. Tests for the existence of the conditions in Jamaican data. Summarizes the findings and issues some caveats.

11.03.02 D951










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