Oil Exporters' Dilemma : How Much to Save and How Much to Invest /

Policymakers in oil-exporting countries confront the question of how to allocate oil revenues among consumption, saving, and investment in the face of high income volatility. We study this allocation problem in a precautionary saving and investment model under uncertainty. Consistent with data in th...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Cherif, Reda
Weitere Verfasser: Hasanov, Fuad
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/004
Online Zugang:Full text available on IMF