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Non-Renewable Resources, Fiscal Rules, and Human Capital
Levine, Paul - 2019
-resource economy, efficiency of spending, and sustainability of fiscal outcomes, the analysis finds that, although investment … fiscal sustainability concerns are taken into consideration. Finally, a balanced composition is the preferred structure of …
Persistent link: https://www.econbiz.de/10012903112
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Non-renewable resources, fiscal rules, and human capital
Levine, Paul; Melina, Giovanni; Onder, Harun - 2016
Persistent link: https://www.econbiz.de/10011554196
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Government spending effects in low-income countries
Shen, Wenyi; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2015
Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations, that some of the prevalent features of LICs-different types of financing including...
Persistent link: https://www.econbiz.de/10011445535
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Government spending effects in low-income countries
Shen, Wenyi; Yang, Shu-Chun S.; Zanna, Luis-Felipe - In: Journal of development economics 133 (2018), pp. 201-219
Persistent link: https://www.econbiz.de/10011983495
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Debt sustainability, public investment, and natural resources in developing countries : the DIGNAR model
Melina, Giovanni; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2014
Persistent link: https://www.econbiz.de/10010388597
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Debt Sustainability, Public Investment, and Natural Resources in Developing Countries : The DIGNAR Model
Melina, Giovanni - 2014
the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries … floors, respectively - are then triggered to maintain debt sustainability. The paper illustrates how the model can be … particularly useful to assess debt sustainability in countries that borrow against future resource revenues to scale up public …
Persistent link: https://www.econbiz.de/10013055259
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Debt sustainability, public investment, and natural resources in developing countries : the DIGNAR model
Melina, Giovanni; Yang, Shu-Chun S.; Zanna, Luis-Felipe - In: Economic modelling 52 (2016), pp. 630-649
Persistent link: https://www.econbiz.de/10011642948
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Debt Sustainability, Public Investment, and Natural Resources in Developing Countries : the DIGNAR Model
Melina, Giovanni - 2014
the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries …, respectively—are then triggered to maintain debt sustainability. The paper illustrates how the model can be particularly useful to … assess debt sustainability in countries that borrow against future resource revenues to scale up public investment …
Persistent link: https://www.econbiz.de/10014411171
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Debt, investment, and growth in developing countries with segmented labor markets
Buffie, Edward F.; Zanna, Luis-Felipe; Adam, Christopher S. - 2020
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....
Persistent link: https://www.econbiz.de/10012252029
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Loss-of-learning and the post-Covid recovery in low-income countries
Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022
sustainability. A dynamic general equilibrium model is calibrated to reflect the structural characteristics of vulnerable low …
Persistent link: https://www.econbiz.de/10013170278