01603cas a2200253 a 4500 AALejournalIMF002541 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451846362 1018-5941 BD-DhAAL BD-DhAAL Gupta, Sanjeev. Commodity Booms and Government Expenditure Responses / Sanjeev Gupta, Kenneth M. Miranda. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper develops a model incorporating asymmetric government expenditure behavior in response to a windfall revenue gain occasioned by a transitory commodity boom. The model is used to illustrate the transitional dynamics of a stylized economy during the boom period and the nature of the macroeconomic disequilibria which emerge in the post-boom period. Country case studies of Sri Lanka, Malaysia, and Kenya support the model's predictions and the protracted nature of adjustment following the waning of the boom. Mode of access: Internet Miranda, Kenneth M. IMF Working Papers; Working Paper ; No. 1991/044 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/044/001.1991.issue-044-en.xml IMF e-Library