Debt sustainability, public investment, and natural resources in Developing countries : the DIGNAR model /

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Bibliographic Details
Author / Creator:Melina, Giovanni, author.
Imprint:[Washington, District of Columbia] : International Monetary Fund, 2014.
©2014
Description:1 online resource (42 pages) : illustrations (some color)
Language:English
Series:IMF Working Paper ; WP/14/50
IMF working paper ; WP/14/50.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502884
Hidden Bibliographic Details
Other authors / contributors:Yang, Shu-Chun Susan, 1971- author.
Zanna, Luis-Felipe, author.
International Monetary Fund, issuing body.
ISBN:9781484347942
1484347943
9781475515459
Notes:Includes bibliographical references.
Online resource; title from PDF title page (ebrary, viewed May 1, 2014).
Summary:This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open economy. It has two types of households, including poor households with no access to financial markets, and features traded and nontraded sectors as well as a natural resource sector. Public capital enters production technologies, while public investment is subject to inefficiencies and absorptive capacity c.
Other form:Print version: Melina, Giovanni. Debt sustainability, public investment, and natural resources in Developing countries: the DIGNAR model. [Washington, District of Columbia] : International Monetary Fund, ©2014 approximately 42 pages IMF working paper ; WP/14/50 9781475515459