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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Detaylı Bibliyografya
Yazar: Moldovan, Ioana
Diğer Yazarlar: Susan Yang, Shu-Chun, Zanna, Luis-Felipe
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2019.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2019/126
Online Erişim:Full text available on IMF