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This working paper empirically and theoretically analyzes the exchange rate's role in Mexico's development for the period 2004-19. We test the hypothesis of the re(emergence) of the balance sheet effect due to an increase in external debt in the nonfinancial corporate sector; higher foreign debt...
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A Comprehensive model of U S agriculture incorporates the spatial pattern of supply, resource use, and the technical structure of agricultural production that is generated by a linear programming component, and it utilizes detailed information on market structure, processes, and prices that is...
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In This Paper We Present a Closed Version of a Macroeconomic Simulation Model. We Use This Model to Analyse the Effect …
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Examines advantages and disadvantages of aggregated analytic models and disaggregated simulation models. States the … object is to explore the advantages and disadvantages of the two types of model, with greater emphasis on simulation models …) models must be sought. Concludes that simulation is a means of gradually building up the experience needed for a …
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