Boom-Bust Cycle, Asymmetrical Fiscal Response and the Dutch Disease /
We examine the behavior of expenditure policy during boom-bust in commodity price cycles, and its implication for real exchange rate movements. To do so, we introduce a Dutch disease model with downward rigidities in government spending to revenue shock. This model leads to a decoupling between real...
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2010/094 |
| Online Zugang: | Full text available on IMF |