Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid
Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid
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Publisher
International Monetary Fund
Journal title
Language
English
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Publisher
International Monetary Fund
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Scope and Contents
Contents
This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within a class of policy rules, it jointly considers the optimal aid spending and international reserve accumulation...
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Full title
Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid
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Author / Creator
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Record Identifier
TN_cdi_gale_infotraccpiq_599300174
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_599300174
Other Identifiers
ISSN
1018-5941
DOI
10.5089/9781498312110.001
