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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Maliszewski, Wojciech
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2009.
Sraith:IMF Working Papers; Working Paper ; No. 2009/126
Rochtain ar líne:Full text available on IMF