LEADER 04167oam 22010334 450 001 9910788522103321 005 20230829002230.0 010 $a1-4623-6392-X 010 $a1-4527-4812-8 010 $a1-282-39227-1 010 $a9786613820709 010 $a1-4519-9113-4 035 $a(CKB)3360000000443109 035 $a(EBL)3014349 035 $a(SSID)ssj0000942140 035 $a(PQKBManifestationID)11614183 035 $a(PQKBTitleCode)TC0000942140 035 $a(PQKBWorkID)10971992 035 $a(PQKB)11413808 035 $a(OCoLC)712989248 035 $a(MiAaPQ)EBC3014349 035 $a(IMF)WPIEE2006193 035 $a(EXLCZ)993360000000443109 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aNatural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy : $eLessons from Gabon /$fJan-Peter Olters, Daniel Leigh 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (30 p.) 225 1 $aIMF Working Papers 300 $a"August 2006." 311 $a1-4518-6453-1 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. BACKGROUND ""; ""III. THEORETICAL FRAMEWORK""; ""IV. RESULTS AND SENSITIVITY TESTS""; ""V. EXTENSIONS""; ""VI. CONCLUDING REMARKS AND FUTURE RESEARCH AGENDA""; ""References"" 330 3 $aWhile models based on Friedman's (1957) permanent-income hypothesis can provide oilproducing countries with long-run fiscal targets, they usually abstract from short-run costs associated with consolidation. This paper proposes a model that takes such adjustment costs (or "habits") into account. Further operational realism is added by permitting differential interest rates on sovereign debt and financial assets. The approach is applied to Gabon, where oil reserves are expected to be exhausted in 30 years. The results suggest that Gabon's current fiscal-policy stance cannot be maintained, while the presence of habits justifies smoothing the bulk of the adjustment toward the sustainable level over three to five years. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/193 606 $aNatural resources$zGabon 606 $aFiscal policy$zGabon 606 $aInvestments: Energy$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aTaxation$2imf 606 $aEnergy: General$2imf 606 $aBusiness Taxes and Subsidies$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aFiscal Policy$2imf 606 $aEnergy: Demand and Supply$2imf 606 $aPrices$2imf 606 $aPublic finance & taxation$2imf 606 $aInvestment & securities$2imf 606 $aOil$2imf 606 $aOil, gas and mining taxes$2imf 606 $aExpenditure$2imf 606 $aFiscal policy$2imf 606 $aOil prices$2imf 606 $aPetroleum industry and trade$2imf 606 $aExpenditures, Public$2imf 607 $aGabon$2imf 615 0$aNatural resources 615 0$aFiscal policy 615 7$aInvestments: Energy 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aTaxation 615 7$aEnergy: General 615 7$aBusiness Taxes and Subsidies 615 7$aNational Government Expenditures and Related Policies: General 615 7$aFiscal Policy 615 7$aEnergy: Demand and Supply 615 7$aPrices 615 7$aPublic finance & taxation 615 7$aInvestment & securities 615 7$aOil 615 7$aOil, gas and mining taxes 615 7$aExpenditure 615 7$aFiscal policy 615 7$aOil prices 615 7$aPetroleum industry and trade 615 7$aExpenditures, Public 700 $aOlters$b Jan-Peter$01462092 701 $aLeigh$b Daniel$01462093 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788522103321 996 $aNatural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy$93670943 997 $aUNINA LEADER 02542nam 22005175 450 001 9910337585003321 005 20250807101136.0 010 $a3-030-11226-8 024 7 $a10.1007/978-3-030-11226-4 035 $a(CKB)4100000007463631 035 $a(DE-He213)978-3-030-11226-4 035 $a(MiAaPQ)EBC5918683 035 $a(PPN)233800239 035 $a(EXLCZ)994100000007463631 100 $a20190114d2019 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDigital Libraries: Supporting Open Science $e15th Italian Research Conference on Digital Libraries, IRCDL 2019, Pisa, Italy, January 31 ? February 1, 2019, Proceedings /$fedited by Paolo Manghi, Leonardo Candela, Gianmaria Silvello 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2019. 215 $a1 online resource (XI, 352 p. 99 illus., 76 illus. in color.) 225 1 $aCommunications in Computer and Information Science,$x1865-0937 ;$v988 311 08$a3-030-11225-X 320 $aIncludes bibliographical references and index. 327 $aInformation retrieval -- Digital libraries and archives -- Information integration -- Open science -- Data mining. 330 $aThis book constitutes the thoroughly refereed proceedings of the 15th Italian Research Conference on Digital Libraries, IRCDL 2019, held in Pisa, Italy, in January/February 2019. The 22 full papers and 5 short papers presented were carefully selected from 42 submissions. The papers are organized in topical sections on information retrieval, digital libraries and archives, information integration, open science, and data mining. 410 0$aCommunications in Computer and Information Science,$x1865-0937 ;$v988 606 $aInformation storage and retrieval systems 606 $aInformation Storage and Retrieval 615 0$aInformation storage and retrieval systems. 615 14$aInformation Storage and Retrieval. 676 $a027 676 $a027 702 $aManghi$b Paolo$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aCandela$b Leonardo$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aSilvello$b Gianmaria$4edt$4http://id.loc.gov/vocabulary/relators/edt 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910337585003321 996 $aDigital Libraries: Supporting Open Science$92526809 997 $aUNINA