Cyclical Fiscal Rules for Oil-Exporting Countries /

Structural budget-balance rules with countercyclical elements appear well suited to stabilize the macroeconomic volatility of oil-exporting countries and have been used successfully by other commodity exporters. Using a global DSGE model, the efficient design of such rules is found to depend on the...

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Detalles Bibliográficos
Autor Principal: Snudden, Stephen
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/229
Acceso en liña:Full text available on IMF