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formulates a permanent income hypothesis model and estimates it using data on oil revenues from Equatorial Guinea. The first … methodology is based on a standard permanent income model, using a 50-year time horizon and real rate of return of 2 percent. The …
Persistent link: https://www.econbiz.de/10014406742
Petroleum is now by far Timor-Leste’s largest source of income. If well harnessed, Timor-Leste’s petroleum wealth …
Persistent link: https://www.econbiz.de/10014406835
impact of oil price changes on the level and variability of money demand, balance of payments and inflation are significantly …
Persistent link: https://www.econbiz.de/10014396215
This paper provides an analysis of the developments in public health spending over the past 40 years, as well as projections of public health spending for 50 advanced and emerging countries over 2011-50. The paper also quantifies the effects of specific health reforms on the growth of public...
Persistent link: https://www.econbiz.de/10014410082
This supplement provides country case studies on public health care expenditures and reform experiences in eight advanced and six emerging market economies. The case studies for the advanced economies seek to highlight specific episodes of success in containing public health spending during the...
Persistent link: https://www.econbiz.de/10014410083
Persistent link: https://www.econbiz.de/10009424867
consider a number of country groups including oil exporters and middle-income oil-importing economies. We find that the effect …
Persistent link: https://www.econbiz.de/10014401265
The Selected Issues paper of Lebanon provides an update of the vulnerability assessment based on the balance sheet approach. It explores the interest rate determination, the strength of the link to international interest rates, and exposure to international interest rate shocks, summarizes the...
Persistent link: https://www.econbiz.de/10014405486
Economic and financial developments in the GCC economies are interwoven with oil price movements. GCC economies are highly dependent on oil and gas exports. Oil price upturns lead to higher oil revenues, stronger fiscal and external positions, and higher government spending. This boosts...
Persistent link: https://www.econbiz.de/10014408585
This note discusses the implications of the price shocks for the balance of payments of low-income countries in sub …
Persistent link: https://www.econbiz.de/10014410007