 | The Future of Oil and Fiscal Sustainability in the GCC Region Author/Editor: Tokhir N Mirzoev, Ling Zhu, Yang Yang, Tian Zhang, Erik Roos, Andrea Pescatori, Akito Matsumoto. Release Date:February, 2020 The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually more...
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 | Rethinking Fiscal Policy in Oil-Exporting Countries Author/Editor: Tokhir N Mirzoev, Ling Zhu. Release Date:May, 2019 We examine the existing fiscal policy paradigm in commodity-exporting countries. First, we argue that its centerpiece—the permanent income hypothesis (PIH)—is not consistent with either more...
| Price: $18.00
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| The Short-Run Macroeconomics of Aid Inflows : Understanding the Interaction of Fiscal and Reserve Policy Author/Editor: Luis-Felipe Zanna, Andrew Berg, Tokhir Mirzoev, Rafael Portillo. Release Date:March, 2010 We develop a tractable open-economy new-Keynesian model with two sectors to analyze the short-term effects of aid-financed fiscal expansions. We distinguish between spending the aid, which is under more...
| Price: $18.00
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