Guidelines for exploiting natural resource wealth
The principles of how best to manage the various components of national wealth are outlined, where the permanent income hypothesis, the Hotelling rule and the Hartwick rule play a prominent role. As far as managing natural resource wealth is concerned, a case is made to use an intergenerational sove...
Κύριος συγγραφέας: | |
---|---|
Μορφή: | Working paper |
Έκδοση: |
University of Oxford
2013
|