Macro policy responses to natural resource windfalls and the crash in commodity prices

Macro policy responses to natural resource windfalls and the crash in commodity prices

Policy prescriptions for managing natural resource windfalls are based on the permanent income hypothesis: none of the windfall is invested at home and saving in an intergenerational SWF is dictated by smoothing consumption across different generations. Furthermore, with Dutch disease effects the op...

书目详细资料
主要作者:	Van der Ploeg, F
格式:	Journal article
语言:	English
出版:	Elsevier 2017

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