Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid /

This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the optimal a...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Moldovan, Ioana
Awduron Eraill: Susan Yang, Shu-Chun, Zanna, Luis-Felipe
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2019.
Cyfres:IMF Working Papers; Working Paper ; No. 2019/126
Mynediad Ar-lein:Full text available on IMF