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...
| Главный автор: | |
|---|---|
| Другие авторы: | , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2019/126 |
| Online-ссылка: | Full text available on IMF |