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• W1919002615 abstract "Whether fiscal policy is sustainable depends on a government’s future revenue and expenditure streams, both of which are highly uncertain. In commodity-rich countries, this problem is intensified by unpredictable and volatile commodity prices. We show how spending rules for oil income and non-oil primary deficits interact and influence the stochastic distribution of future debt stocks and demonstrate the variance reducing impact of feedback rules for primary deficits in a case study of oil-and-gas exporter Azerbaijan." @default.
• W1919002615 created "2016-06-24" @default.
• W1919002615 creator A5069902875 @default.
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• W1919002615 date "2011-09-21" @default.
• W1919002615 modified "2023-09-27" @default.
• W1919002615 title "Fiscal sustainability, volatility and oil wealth" @default.
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• W1919002615 doi "https://doi.org/10.1111/j.1468-0351.2011.00425.x" @default.
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