A Subsistence Linked Economy : The Case of the Solomon Islands.
How are money demand, income, and the price level affected when a significant portion of the economically active population reverts to and withdraws from subsistence economic activity? This paper tries to find a quantitative answer to the question by highlighting the specific link between the moneti...
|a A Subsistence Linked Economy :
|b The Case of the Solomon Islands.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1989.
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|a 1 online resource (20 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a How are money demand, income, and the price level affected when a significant portion of the economically active population reverts to and withdraws from subsistence economic activity? This paper tries to find a quantitative answer to the question by highlighting the specific link between the monetized and the subsistence economy that exists in the Solomon Islands: the producer price of copra, the main cash crop. The paper includes this variable explicitly in the money demand function of an aggregated macroeconomic simultaneous equation model and finds a significant impact throughout the economy.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1989/104
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1989/104/001.1989.issue-104-en.xml
|z IMF e-Library