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...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2019/126 |
| Dostęp online: | Full text available on IMF |