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Fiscal sustainability, volatility and oil wealth : a stochastic analysis of fiscal spending rules

Wijnbergen, Sweder van; Budina, Nina - 2011

Whether fiscal policy is sustainable depends on a government's future revenue and expenditure streams, both of which are highly uncertain. In commodity-rich countries, this problem is intensified by unpredictable and volatile commodity prices. We show how spending rules for oil income and...

Persistent link: https://www.econbiz.de/10011386438

Out of Africa : what drives the pressure to emigrate?

Dalen, Hendrik P. van; Groenewold, George; Schoorl, … - 2004

This paper evaluates the strength of social and economic forces that affect the pressure to emigrate 'out of Africa' for four distinctly different African countries (Morocco, Egypt, Senegal and Ghana). In general, great expectations about attaining a higher living standard and expected low job...

Persistent link: https://www.econbiz.de/10011333875

Remittances and their effect on emigration intentions in Egypt, Morocco and Turkey

Dalen, Hendrik P. van; Groenewold, George; Fokkema, Tineke - 2005

What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration? These two questions are examined empirically in Egypt, Turkey and Morocco for households with family members living abroad. Results show, first, that one cannot clearly...

Persistent link: https://www.econbiz.de/10011343282

Remittances and their effect on emigration intentions in Egypt, Morocco and Turkey

Dalen, Hendrik P. van; Groenewold, George; Fokkema, Tineke - 2005

Persistent link: https://www.econbiz.de/10002695470

Out of Africa : what drives the pressure to emigrate?

Dalen, Hendrik P. van; Groenewold, George; Schoorl, … - 2003

Persistent link: https://www.econbiz.de/10001792707

Economic growth and the volatility of foreign aid

Chervin, Michal; Wijnbergen, Sweder van - 2009

volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 … countries over the period 1966-2001. We find that once the volatility of aid is controlled for, aid has a positive impact on … economic growth. Correspondingly, volatility of aid flows is found to be negatively related to growth. We found no significant …

Persistent link: https://www.econbiz.de/10011379530

Economic growth and the volatility of foreing aid

Chervin, Michal; Wijnbergen, Sweder van - 2010

Persistent link: https://www.econbiz.de/10003934116

Fiscal sustainability, volataility and oil wealth : a stochastic analysis of fiscal spending rules

Wijnbergen, Sweder van; Budina, Nina - 2011

Persistent link: https://www.econbiz.de/10009008700

Asset pricing in incomplete markets : valuing gas storage capacity

Zhao, Lin; Wijnbergen, Sweder van - 2015

common belief, the auction prices for gas storage are mostly affected by the volatility of current market prices rather than … with the volatility of the spot market. This is an intuitive result because storage capacity can serve as an effective …

Persistent link: https://www.econbiz.de/10011333083

Decision making in incomplete markets with ambiguity : a case study of a gas field acquisition

Zhao, Lin; Wijnbergen, Sweder van - 2014

. First, empirical data are often characterized by time-varying volatility and fat tails; therefore we use Gaussian GAS …

Persistent link: https://www.econbiz.de/10010465169