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This study reviews Azerbaijan’s fiscal policy implementation and discusses its changes before, during and after the oil … due to being financed mostly by direct transfers from State Oil Fund of the Republic of Azerbaijan (SOFAZ) and taxes on … Azerbaijan. …
Persistent link: https://www.econbiz.de/10011889196
Persistent link: https://www.econbiz.de/10011824762
Persistent link: https://www.econbiz.de/10011568205
while controlling for oil price volatility and oil production in case of Azerbaijan. Autoregressive Distributed Lag Bounds …, in the short-run, the effects are contrary to the theoretical expectations. Findings are useful for Azerbaijan fiscal …
Persistent link: https://www.econbiz.de/10012829190
Persistent link: https://www.econbiz.de/10011570719
while controlling for oil price volatility and oil production in case of Azerbaijan. Autoregressive Distributed Lag Bounds …, in the short-run, the effects are contrary to the theoretical expectations. Findings are useful for Azerbaijan fiscal …
Persistent link: https://www.econbiz.de/10012967044
Persistent link: https://www.econbiz.de/10003609553
This chapter examines major highlights on macroeconomic and fiscal issues affecting the Kuwaiti economy based on different oil price assumptions. Forecast, analysis and simulations are performed using the Kuwait SCPD macro model. For the Kuwait economy, the author has explored three scenarios...
Persistent link: https://www.econbiz.de/10012604205
To enrich the debate about the fiscal effectiveness of sovereign wealth funds, this paper explores the effect of sovereign wealth funds (more precisely sovereign oil funds, SOFs) on the government spending in real term and as a share of GDP. First, we evaluate the relationship between the...
Persistent link: https://www.econbiz.de/10013054164
of fiscal policy interventions on inequality and poverty. Specifically, we analyze the distributional incidence of direct … to poverty reduction and are almost neutral in their distributive impact. The results contribute to the understanding of …
Persistent link: https://www.econbiz.de/10014486374