Fiscal Policy Rules for Oil-Producing Countries : A Welfare-Based Assessment /
The paper presents numerical simulations of various fiscal rules for oil-producing countries. Welfare implications are sensitive to the choice of the social welfare function, initial conditions, and non-oil growth prospects. The distribution of non-oil wealth is important for countries with relative...
| 1. Verfasser: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2009/126 |
| Online Zugang: | Full text available on IMF |