Budget rules and resource booms [electronic resource] : a dynamic stochastic general equilibrium analysis / Shantayanan Devarajan [and others].

"This paper develops a dynamic stochastic general equilibrium model to analyze and derive simple budget rules in the face of volatile public revenue from natural resources in a low-income country like Niger. The simulation results suggest three policy lessons or rules of thumb. When a resource...

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Online Access: Full Text (via Open Knowledge Repository)
Corporate Authors: World Bank. Development Prospects Group, World Bank. Middle East and North Africa Region. Office of the Chief Economist
Other Authors: Devarajan, Shantayanan, 1954-, Dissou, Yazid, Go, Delfin S., Robinson, Sherman
Format: Electronic eBook
Language:English
Published: Washington, D.C. : The World Bank, 2014.
Series:Policy research working papers ; 6984.
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Call Number: HG3881.5.W57 P63 No. 6984eb
HG3881.5.W57 P63 No. 6984eb Available