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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Moldovan, Ioana
Rannpháirtithe: Susan Yang, Shu-Chun, Zanna, Luis-Felipe
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2019.
Sraith:IMF Working Papers; Working Paper ; No. 2019/126
Rochtain ar líne:Full text available on IMF