Current Account and Precautionary Savings for Exporters of Exhaustible Resources /

Exporters of exhaustible resources have historically exhibited higher income volatility than other economies, suggesting a heightened role for precautionary savings. This paper uses a parameterized small open economy model to quantify the role of precautionary savings in economies with exhaustible r...

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Hlavní autor: Bems, Rudolfs
Další autoři: de Carvalho Filho, Irineu
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/033
On-line přístup:Full text available on IMF