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...
Egile nagusia: | |
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Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2009.
|
Saila: | IMF Working Papers; Working Paper ;
No. 2009/126 |
Sarrera elektronikoa: | Full text available on IMF |