The Resource Current account and precautionary savings for exporters of exhaustible resources, prepared by Rudolfs Bems and Irineu de Carvalho Filho, (electronic book)

Current account and precautionary savings for exporters of exhaustible resources, prepared by Rudolfs Bems and Irineu de Carvalho Filho, (electronic book)

Label
Current account and precautionary savings for exporters of exhaustible resources
Title
Current account and precautionary savings for exporters of exhaustible resources
Statement of responsibility
prepared by Rudolfs Bems and Irineu de Carvalho Filho
Creator
Contributor
Author
Subject
Language
eng
Summary
Exporters of exhaustible resources have historically exhibited higher income volatility than other economies, suggesting a heightened role for precautionary savings. This paper uses a parameterized small open economy model to quantify the role of precautionary savings in economies with exhaustible resources, when the only source of uncertainty is the price of the exhaustible resource. Results show that the precautionary motive can generate sizable external sector savings. When aggregated over the sample countries, precautionary savings in 2006 add up to 3.2 percent of GDP. The quantitative imp
Member of
Cataloging source
CaPaEBR
http://library.link/vocab/creatorName
Bems, Rudolfs
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HC79.S3
LC item number
B46 2009eb
Literary form
non fiction
Nature of contents
  • standards specifications
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
Carvalho Filho, Irineu de
http://library.link/vocab/subjectName
  • Saving and investment
  • Nonrenewable natural resources
Label
Current account and precautionary savings for exporters of exhaustible resources, prepared by Rudolfs Bems and Irineu de Carvalho Filho, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ebr10368830
Dimensions
unknown
Extent
38 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Other physical details
ill.
Reproduction note
Electronic resource.
Specific material designation
remote
Label
Current account and precautionary savings for exporters of exhaustible resources, prepared by Rudolfs Bems and Irineu de Carvalho Filho, (electronic book)
Publication
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
ebr10368830
Dimensions
unknown
Extent
38 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Other physical details
ill.
Reproduction note
Electronic resource.
Specific material designation
remote

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