How Much Is Enough? : Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria /

In oil-dependent countries, a major issue is how to stabilize fiscal spending when government revenue fluctuates along with the international price of oil. A stabilization fund would allow the government to pull through an oil price trough and absorb windfall revenue when prices are high. This paper...

Full description

Bibliographic Details
Main Author: Bartsch, Ulrich
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/142
Online Access:Full text available on IMF