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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Moldovan, Ioana
अन्य लेखक: Susan Yang, Shu-Chun, Zanna, Luis-Felipe
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/126
ऑनलाइन पहुंच:Full text available on IMF