This research studies the specific determinants of the choice of exchange rate regime in resource-rich countries. We run multinomial logit regressions for an unbalanced panel data set of 145 countries over the 1975-2004 period. We find that resource-rich countries are more likely to adopt a...

This research studies the specific determinants of the choice of exchange rate regime in resource-rich countries. We run multinomial logit regressions for an unbalanced panel data set of 145 countries over the 1975-2004 period. We find that resource-rich countries are more likely to adopt a...

Am Beispiel der zweiten Weltwirtschaftskrise des 20. Jahrhunderts lassen sich die Gegensätze neoklassischer Ressourcenökonomie und keynesianischer Geldwirtschaft gut erkennen. Die allokative Wirkung veränderter Ressourcenknappheiten wird an der Rohölpreisentwicklung untersucht, um zu zeigen,...

Can monetary policy shocks induce redistribution across natural resource rich and poor states within a federation? We conjecture that resource-rich states are capital intensive, hence their investment is more responsive to changes in monetary policy. Consequently, contractionary monetary policy...