Debt sustainability, public investment, and natural resources in Developing countries : the DIGNAR model /
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Author / Creator: | Melina, Giovanni, author. |
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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 |
Other authors / contributors: | Yang, Shu-Chun Susan, 1971- author. Zanna, Luis-Felipe, author. International Monetary Fund, issuing body. |
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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 |
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