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