Saving Alberta's resource revenues: role of intergenerational and liquidity funds

We use a welfare-based intertemporal stochastic optimization model and historical data to estimate the size of the optimal intergenerational and liquidity funds and the corresponding resource dividend available to the government of the Canadian province Alberta. To first-order of approximation, this...

Ausführliche Beschreibung

Bibliographische Detailangaben
Hauptverfasser: Van der Ploeg, R, van den Bremer, T
Format: Working paper
Veröffentlicht: University of Oxford 2016