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.