Front Matter Page
Western Hemisphere Department and Research Department
Contents
ABSTRACT
I. INTRODUCTION
II. MODEL
III. CALIBRATION
IV. SIMULATION RESULTS
V. CONCLUSIONS
REFERENCES
FIGURES
1. Above-Threshold Public Capital Reconstruction
2. Below-Threshold Public Capital Reconstruction
TABLES
1: Selected initial values (in percent) and calibrated parameters
2: Sensitivity of results to alternative calibrations