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Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries?

Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries? »

Source: Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries? : Evidence from a Panel of Countries

Volume/Issue: 2015/83

Series: IMF Working Papers

Author(s): Munseob Lee , and Cheikh Gueye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 April 2015

ISBN: 9781484336397

Keywords: gdp, development, Models with Panel Data, General, Macroeconomic Analyses of Economic Development, Exhaustible Resources and Economic Development, Resource Booms, Government Policy,

We examine the impact of resource windfall on the standard of living both in the short-run and long-run, using a sample of 130 countries, 1963-2007. Then, we systematically investigate the effect of resource windfa...

Fiscal Deficits and Inflation

Fiscal Deficits and Inflation »

Source: Fiscal Deficits and Inflation

Volume/Issue: 2003/65

Series: IMF Working Papers

Author(s): Luis Catão , and Marco Terrones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848700

Keywords: Macroeconomic Stabilization, price inflation, monetary policy, inflation tax, low inflation, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a n...

Grants Versus Loans

Grants Versus Loans »

Source: Grants Versus Loans

Volume/Issue: 2004/161

Series: IMF Working Papers

Author(s): Hulya Ulku , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451857849

Keywords: Aid policies, concessionality, empirical growth models, statistics, outliers, samples, predictions, indebted countries, Economic Growth and Aggregate Productivity: General,

Under what conditions should grants be preferred to loans? To answer this question, we present a simple model à la Krugman (1988) and show that, for any given level of developmental assistance, the optimal degree o...

Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries?
			: Evidence from a Panel of Countries

Do Resource Windfalls Improve the Standard of Living in Sub-Saharan African Countries? : Evidence from a Panel of Countries »

Volume/Issue: 2015/83

Series: IMF Working Papers

Author(s): Munseob Lee , and Cheikh Gueye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 April 2015

DOI: http://dx.doi.org/10.5089/9781484336397.001

ISBN: 9781484336397

Keywords: gdp, development, Models with Panel Data, General, Macroeconomic Analyses of Economic Development, Exhaustible Resources and Economic Development, Resource Booms, Government Policy,

We examine the impact of resource windfall on the standard of living both in the short-run and long-run, using a sample of 130 countries, 1963-2007. Then, we systematically investigate the effect of resource windfa...

Fiscal Deficits and Inflation

Fiscal Deficits and Inflation »

Volume/Issue: 2003/65

Series: IMF Working Papers

Author(s): Luis Catão , and Marco Terrones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

DOI: http://dx.doi.org/10.5089/9781451848700.001

ISBN: 9781451848700

Keywords: Macroeconomic Stabilization, price inflation, monetary policy, inflation tax, low inflation, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a n...

Grants Versus Loans

Grants Versus Loans »

Volume/Issue: 2004/161

Series: IMF Working Papers

Author(s): Hulya Ulku , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

DOI: http://dx.doi.org/10.5089/9781451857849.001

ISBN: 9781451857849

Keywords: Aid policies, concessionality, empirical growth models, statistics, outliers, samples, predictions, indebted countries, Economic Growth and Aggregate Productivity: General,

Under what conditions should grants be preferred to loans? To answer this question, we present a simple model à la Krugman (1988) and show that, for any given level of developmental assistance, the optimal degree o...