Today versus Tomorrow : The Sensitivity of the Non-Oil Current Account Balance to Permanent and Current Income /

This paper applies the Permanent Income Model to the non-oil current accounts of the major oil exporters to assess the extent to which national consumption decisions in these countries are made on the basis of permanent versus current income. A test of whether the return on oil wealth and oil balanc...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Thomas, Alun
Awduron Eraill: Bayoumi, Tamim
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/248
Mynediad Ar-lein:Full text available on IMF