Oil Exporters' Dilemma : How Much to Save and How Much to Invest /

Policymakers in oil-exporting countries confront the question of how to allocate oil revenues among consumption, saving, and investment in the face of high income volatility. We study this allocation problem in a precautionary saving and investment model under uncertainty. Consistent with data in th...

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Hlavní autor: Cherif, Reda
Další autoři: Hasanov, Fuad
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/004
On-line přístup:Full text available on IMF