Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy
收藏NBER1994-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4839
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资源简介:
In several countries temporary terms of trade improvements have led to a deterioration of the current account. Furthermore, many of these countries failed to attain greater post-boom growth rates. The point we make is that the structure of the fiscal process is critical in determining outcomes. If
提供机构:
美国国家经济研究局
创建时间:
1994-08-01



