Oil exporters' dilemma : how much to save and how much to invest /
Policymakers in oil-exporting countries confront the question of how to allocate oil revenues among consumption, saving, and investment in the face of high income volatility. We study this allocation problem in a precautionary saving and investment model under uncertainty. Consistent with data in th...
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| Main Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
[2012], ©2011
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| Series: | IMF working paper ;
WP/12/04 |
| Subjects: | |
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