Today versus Tomorrow.

This paper applies the Permanent Income Model to the non-oil current accounts of the major oil exporters to assess the extent to which national consumption decisions in these countries are made on the basis of permanent versus current income. A test of whether the return on oil wealth and oil balanc...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Thomas, Alun H.
Otros Autores: Bayoumi, Tamim
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Petroleum industry and trade > Econometric models.
Balance of payments > Econometric models.
Consumption (Economics) > Mathematical models.
Revenue > Econometric models.
Pétrole > Industrie et commerce > Modèles économétriques.
Balance des paiements > Modèles économétriques.
Revenus de l'État > Modèles économétriques.
Balance of payments > Econometric models
Consumption (Economics) > Mathematical models
Petroleum industry and trade > Econometric models
Revenue > Econometric models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Theoretical Considerations; III. Data Analysis; IV. Estimation; A. Non-oil Current Account Balance; 1. Regional Non-Oil Current Accounts; 1. Determinants of Non-oil Current Account; B. Non-oil Fiscal Balance; 2. Regional Non-Oil Fiscal Deficits; 2. Determinants of the Non-oil Fiscal Balance; C. Public and Private Sectors; 3. Determinants of Non-oil Current Account; V. Conclusion; References; Footnotes.

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