Otani, Ichiro; Sassanpour, Cyrus - In: IMF Staff Papers 35 (1988) 3, pp. 474-495
The unique aspects of Singapore's financial, exchange rate, and wage policies during the period 1979-86 are discussed. A simple short-term model is formulated and estimated, and various policy simulations conducted, to quantify the impact of alternative policies on major macroeconomic variables....