From Volatility to Stability in Expenditure : Stabilization Funds in Resource-Rich Countries /

This paper examines the effect of stabilization funds on the volatility of government expenditure in resource-rich countries. Using a panel data set of 68 resource-rich countries over 1988-2012, the results find that the existence of stabilization funds contributes to smoothing government expenditur...

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Bibliografische gegevens
Hoofdauteur: Sugawara, Naotaka
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2014.
Reeks:IMF Working Papers; Working Paper ; No. 2014/043
Online toegang:Full text available on IMF