1.

Record Nr.

UNISOBSOB004934

Autore

Filippelli, Renato

Titolo

Requiem per il padre / Renato Filippelli ; Pref. di Rosario Assunto

Pubbl/distr/stampa

Foggia : Edizioni Bastogi, 1981

Descrizione fisica

55 p. ; 21 cm

Collana

Il Liocorno

Lingua di pubblicazione

Italiano

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910957531503321

Autore

Thomas Alun

Titolo

Today versus Tomorrow - The Sensitivity of the Non-Oil Current Account Balance to Permanent and Current Income / / Alun Thomas, Tamim Bayoumi

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844461

9781462366859

1462366856

9781451873955

1451873956

9781282844469

1282844466

9781452731896

1452731896

Edizione

[1st ed.]

Descrizione fisica

17 p. : ill

Collana

IMF Working Papers

Altri autori (Persone)

BayoumiTamim

Disciplina

336.02

Soggetti

Petroleum industry and trade - Econometric models

Balance of payments - Econometric models

Consumption (Economics) - Mathematical models

Revenue - Econometric models

Aggregate Factor Income Distribution

Balance of payments

Consumption

Current Account Adjustment



Current account

Economics

Energy: General

Exports and Imports

Fiscal Policy

Fiscal policy

Fiscal stance

Income

International economics

Investment & securities

Investments: Energy

Macroeconomics

Macroeconomics: Consumption

Oil

Petroleum industry and trade

Saving

Short-term Capital Movements

Wealth

Qatar

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"November 2009."

Nota di contenuto

Intro -- Contents -- I. Introduction -- II. Theoretical Considerations -- III. Data Analysis -- IV. Estimation -- A. Non-oil Current Account Balance -- B. Non-oil Fiscal Balance -- C. Public and Private Sectors -- V. Conclusion -- Tables -- 1. Determinants of Non- oil Current Account -- 2. Determinants of the Non-oil Fiscal Balance -- 3. Determinants of Non-oil Current Account -- Figures -- 1. Regional Non-Oil  Current Accounts -- 2. Regional Non-Oil Fiscal Deficits -- References.

Sommario/riassunto

This paper applies the Permanent Income Model to the non-oil current accounts of the major oil exporters to assess the extent to which national consumption decisions in these countries are made on the basis of permanent versus current income. A test of whether the return on oil wealth and oil balance coefficients sum to unity is accepted for all specifications that adjust the return on wealth for future population changes. For oil-exporting countries outside Africa, around half of the fluctuations in the private sector non-oil balance are driven by considerations of changes in permanent income (the return on oil wealth) rather than current income. By contrast, for the public sector and African countries permanent income has little or no effect.