01550cas a2200241 a 4500 AALejournalIMF002361 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843576 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. A General Equilibrium Model with Informal Financial Markets. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (50 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper presents a general equilibrium framework for short-run macroeconomic analysis in a developing country context where controls on interest rates and foreign exchange restrictions lead to the emergence of informal financial markets. The complexity of the model precludes an analytical treatment. A simulation approach, based on parameters derived from estimates in the existing literature, is used to assess the properties of the model, which differ in important ways from those of standard open-economy models. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/018 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/018/001.1991.issue-018-en.xml IMF e-Library