Current account and precautionary savings for exporters of exhaustible resources [[electronic resource] /] / prepared by Rudolfs Bems and Irineu de Carvalho Filho |
Autore | Bems Rudolfs |
Pubbl/distr/stampa | [Washington D.C.], : International Monetary Fund, 2009 |
Descrizione fisica | 1 online resource (40 p.) |
Altri autori (Persone) | Carvalho FilhoIrineu E <1971-> (Irineu Evangelista) |
Collana | IMF working paper |
Soggetto topico |
Saving and investment - Mathematical models
Nonrenewable natural resources - Econometric models |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-6082-3
1-4527-7126-X 9786612842559 1-4518-7180-5 1-282-84255-2 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Modeling Framework; A. Small Open Endowment Economy; B. Optimal Solution; Deterministic case, εt = 0; Stochastic case, εt > 0; III. Parameterization and Baseline Model Results; A. Model Parameterization; B. Baseline Model Results; Norway; Other exporters of exhaustible resources; IV. Sensitivity Analysis; A. Preference Parameters; B. Growth in Non-Exhaustible Resource Output; C. Path and Lifespan of Exhaustible Resource Extraction; D. Process for Exhaustible Resource Prices; V. Extension to Time-Series of Optimal outcomes; A. Setup and Parameterization
B. ResultsVI. Conclusions; References; Appendix A: Solution Method (case of n=0); Tables; 1. Country-Specific Model Parameters and Initial Values; 2. Optimal 2006 Current Accounts in the Baseline Model; 3. Summary of Sensitivity Analysis for Current Account Components; 4. Optimal Current Account with Constant Extraction Quantities; Figures; 1. Output Volatility and Oil Balance; 2. Projected Production of Liquids (oil and gas); 3. Optimal Model Solution for Norway, t0=2006; 4. 'Output at Risk': Expected Share of Exhaustible Resource Revenues in GDP 5. Actual and Model-Based 2006 Current Account Balances (in percent of GDP)6. Price of Exhaustible Resources, in 2006 Dollars; 7. Proven Reserves of Oil and Gas for Norway; 8. Time-Series of Optimal Outcomes for Norway, t0={1975, 1976,; 9. Comparison of Norway's CA and NFA in the Model and Data |
Record Nr. | UNINA-9910464068003321 |
Bems Rudolfs | ||
[Washington D.C.], : International Monetary Fund, 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Current Account and Precautionary Savings for Exporters of Exhaustible Resources / / Rudolfs Bems, Irineu de Carvalho Filho |
Autore | Bems Rudolfs |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (40 p.) |
Altri autori (Persone) | de Carvalho FilhoIrineu |
Collana | IMF Working Papers |
Soggetto topico |
Saving and investment - Mathematical models
Nonrenewable natural resources - Econometric models Exports and Imports Macroeconomics Natural Resources Nonrenewable Resources and Conservation: General Macroeconomics: Consumption Saving Wealth Current Account Adjustment Short-term Capital Movements Environmental management International economics Non-renewable resources Precautionary savings Current account Consumption Current account balance Natural resources Saving and investment Balance of payments Economics |
ISBN |
1-4623-6082-3
1-4527-7126-X 9786612842559 1-4518-7180-5 1-282-84255-2 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Modeling Framework; A. Small Open Endowment Economy; B. Optimal Solution; Deterministic case, εt = 0; Stochastic case, εt > 0; III. Parameterization and Baseline Model Results; A. Model Parameterization; B. Baseline Model Results; Norway; Other exporters of exhaustible resources; IV. Sensitivity Analysis; A. Preference Parameters; B. Growth in Non-Exhaustible Resource Output; C. Path and Lifespan of Exhaustible Resource Extraction; D. Process for Exhaustible Resource Prices; V. Extension to Time-Series of Optimal outcomes; A. Setup and Parameterization
B. ResultsVI. Conclusions; References; Appendix A: Solution Method (case of n=0); Tables; 1. Country-Specific Model Parameters and Initial Values; 2. Optimal 2006 Current Accounts in the Baseline Model; 3. Summary of Sensitivity Analysis for Current Account Components; 4. Optimal Current Account with Constant Extraction Quantities; Figures; 1. Output Volatility and Oil Balance; 2. Projected Production of Liquids (oil and gas); 3. Optimal Model Solution for Norway, t0=2006; 4. 'Output at Risk': Expected Share of Exhaustible Resource Revenues in GDP 5. Actual and Model-Based 2006 Current Account Balances (in percent of GDP)6. Price of Exhaustible Resources, in 2006 Dollars; 7. Proven Reserves of Oil and Gas for Norway; 8. Time-Series of Optimal Outcomes for Norway, t0={1975, 1976,; 9. Comparison of Norway's CA and NFA in the Model and Data |
Record Nr. | UNINA-9910788347603321 |
Bems Rudolfs | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Current Account and Precautionary Savings for Exporters of Exhaustible Resources / / Rudolfs Bems, Irineu de Carvalho Filho |
Autore | Bems Rudolfs |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (40 p.) |
Disciplina | 332.024;332.02401 |
Altri autori (Persone) | de Carvalho FilhoIrineu |
Collana | IMF Working Papers |
Soggetto topico |
Saving and investment - Mathematical models
Nonrenewable natural resources - Econometric models Balance of payments Consumption Current Account Adjustment Current account balance Current account Economics Environmental management Exports and Imports International economics Macroeconomics Macroeconomics: Consumption Natural Resources Natural resources Non-renewable resources Nonrenewable Resources and Conservation: General Precautionary savings Saving and investment Saving Short-term Capital Movements Wealth |
ISBN |
1-4623-6082-3
1-4527-7126-X 9786612842559 1-4518-7180-5 1-282-84255-2 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Modeling Framework; A. Small Open Endowment Economy; B. Optimal Solution; Deterministic case, εt = 0; Stochastic case, εt > 0; III. Parameterization and Baseline Model Results; A. Model Parameterization; B. Baseline Model Results; Norway; Other exporters of exhaustible resources; IV. Sensitivity Analysis; A. Preference Parameters; B. Growth in Non-Exhaustible Resource Output; C. Path and Lifespan of Exhaustible Resource Extraction; D. Process for Exhaustible Resource Prices; V. Extension to Time-Series of Optimal outcomes; A. Setup and Parameterization
B. ResultsVI. Conclusions; References; Appendix A: Solution Method (case of n=0); Tables; 1. Country-Specific Model Parameters and Initial Values; 2. Optimal 2006 Current Accounts in the Baseline Model; 3. Summary of Sensitivity Analysis for Current Account Components; 4. Optimal Current Account with Constant Extraction Quantities; Figures; 1. Output Volatility and Oil Balance; 2. Projected Production of Liquids (oil and gas); 3. Optimal Model Solution for Norway, t0=2006; 4. 'Output at Risk': Expected Share of Exhaustible Resource Revenues in GDP 5. Actual and Model-Based 2006 Current Account Balances (in percent of GDP)6. Price of Exhaustible Resources, in 2006 Dollars; 7. Proven Reserves of Oil and Gas for Norway; 8. Time-Series of Optimal Outcomes for Norway, t0={1975, 1976,; 9. Comparison of Norway's CA and NFA in the Model and Data |
Record Nr. | UNINA-9910827088903321 |
Bems Rudolfs | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Exchange rate assessments [[electronic resource] ] : methodologies for oil exporting countries / / Rudolfs Bems and Irineu de Carvalho Filho |
Autore | Bems Rudolfs |
Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, Research Department, c2009 |
Descrizione fisica | 1 online resource (37 p.) |
Altri autori (Persone) | Carvalho FilhoIrineu E <1971-> (Irineu Evangelista) |
Collana | IMF working paper |
Soggetto topico |
Foreign exchange administration - Africa, Sub-Saharan
Foreign exchange - Accounting - Africa, Sub-Saharan Fiscal policy - Africa, Sub-Saharan Petroleum industry and trade - Africa, Sub-Saharan |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-0127-4
1-4527-7124-3 1-282-84468-7 9786612844683 1-4518-7426-X |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; Figures; 1. Current Account Behavior for Oil Exporters; 2. Oil Dependency and Volatility, 1970-2006; II. Price Based Methodologies; A. Regression model setup; B. Econometric results; C. Robustness; D. Implementation; Tables; 1. ERER Regression: Long-Run Coefficients (1980-2007); III. Quantity Based Methodologies; 2. Determinants of the Current Account in the Medium-Run: 1969-2007; IV. Balance Sheet-Based Methodologies; A. Theoretical Background; B. Allocation Rules; C. Determinants of Current Account Balances; D. Implementation; Text Tables
3. Time-series Data for the Dynamic ES Exercise4. NFA-Stabilizing CA Balances under Various ES Specification; 3. Evolution of NFA under Various ES Specification; V. Concluding Remarks; References; Appendices; 1. Implementation of Quality-Based Approaches to Real Exchange Rate Assessment; 2. Unit Root and Cointegration Tests; Appendices Tables; 1. A. Unit Root Test on Real Exchange Rate and Fundamentals (1980-2007); B. Panel Unit Root Tests; 2. Panel Cointegration Tests; 3. Sample Composition |
Record Nr. | UNINA-9910464590303321 |
Bems Rudolfs | ||
[Washington, D.C.], : International Monetary Fund, Research Department, c2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macroeconomics of migration in new member states / / Rudolfs Bems and Philip Schellekens |
Autore | Bems Rudolfs |
Pubbl/distr/stampa | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 304.80947 |
Altri autori (Persone) | SchellekensPhilip |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Convergence (Economics) - Europe, Eastern - Econometric models
Equilibrium (Economics) - Econometric models Labor mobility - Europe, Eastern - Econometric models |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-5074-7
1-4527-7429-3 1-4518-7122-8 9786612842153 1-282-84215-3 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Cross-Border Labor Flows; Tables; 1. New Member States: Net Migration Rates, 1992-2007; 2. Largest Source Countries for Immigration in OECD European Countries, 2000 and 2005..; Figures; 1. Residents from the NMS-8 in the EU-15, 2000-2006; III. A General Equilibrium Model with Labor Mobility; 2. New Member States: Income per Capita Relative to EU-27, 2000 and 2007; A. Model Setup; Consumer Problem; Producer Problems; Aggregate Resource Constraints; B. Definition of Equilibrium; C. Characterization of Equilibrium; Functional Forms and Parameterization
Case 1: Impact of Cross-Border Labor Mobility on Convergence3. Parameter Values and Initial Conditions; 3. Simulations with Minimal Factor Adjustment Costs; Case 2: Impact When Adjustment Costs are Large; 4. Simulations with Larger Factor Adjustment Costs; Case 3: Pace of Productivity Convergence and the Boom and Bust Cycle; 5. Response of Cross-Border Labor Flows to Selected Convergence Scenarios; IV. Policy Challenges; A. Managing Volatility; Symptoms of Overheating; 6. New Member States: Real Wage Developments, 2004-2008:Q1; 7. New Member States: Job Vacancy Rates, 2005-07 ... Or Business As Usual?Labor Mobility's Cushioning Role; Demand-Management Policies; B. Fostering Growth; Mobilizing Labor Supply and Employment; 8. New Member States: Employment Rate, 2000-07; 9. New Member States: Unemployment Rate, 2000-08; Reducing Labor Market Mismatches; V. Conclusion; References |
Record Nr. | UNINA-9910464250403321 |
Bems Rudolfs | ||
[Washington, District of Columbia] : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macroeconomics of Migration in New Member States / / Rudolfs Bems, Philip Schellekens |
Autore | Bems Rudolfs |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 304.80947 |
Altri autori (Persone) | SchellekensPhilip |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Convergence (Economics) - Europe, Eastern - Econometric models
Equilibrium (Economics) - Econometric models Labor mobility - Europe, Eastern - Econometric models Labor Macroeconomics Production and Operations Management Labor Economics: General Geographic Labor Mobility Immigrant Workers Demand and Supply of Labor: General Labor Turnover Vacancies Layoffs Macroeconomics: Production Labour income economics Labor mobility Labor markets Labor flows Productivity Labor economics Labor market Industrial productivity |
ISBN |
1-4623-5074-7
1-4527-7429-3 1-4518-7122-8 9786612842153 1-282-84215-3 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Cross-Border Labor Flows; Tables; 1. New Member States: Net Migration Rates, 1992-2007; 2. Largest Source Countries for Immigration in OECD European Countries, 2000 and 2005..; Figures; 1. Residents from the NMS-8 in the EU-15, 2000-2006; III. A General Equilibrium Model with Labor Mobility; 2. New Member States: Income per Capita Relative to EU-27, 2000 and 2007; A. Model Setup; Consumer Problem; Producer Problems; Aggregate Resource Constraints; B. Definition of Equilibrium; C. Characterization of Equilibrium; Functional Forms and Parameterization
Case 1: Impact of Cross-Border Labor Mobility on Convergence3. Parameter Values and Initial Conditions; 3. Simulations with Minimal Factor Adjustment Costs; Case 2: Impact When Adjustment Costs are Large; 4. Simulations with Larger Factor Adjustment Costs; Case 3: Pace of Productivity Convergence and the Boom and Bust Cycle; 5. Response of Cross-Border Labor Flows to Selected Convergence Scenarios; IV. Policy Challenges; A. Managing Volatility; Symptoms of Overheating; 6. New Member States: Real Wage Developments, 2004-2008:Q1; 7. New Member States: Job Vacancy Rates, 2005-07 ... Or Business As Usual?Labor Mobility's Cushioning Role; Demand-Management Policies; B. Fostering Growth; Mobilizing Labor Supply and Employment; 8. New Member States: Employment Rate, 2000-07; 9. New Member States: Unemployment Rate, 2000-08; Reducing Labor Market Mismatches; V. Conclusion; References |
Record Nr. | UNINA-9910788341503321 |
Bems Rudolfs | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macroeconomics of Migration in New Member States / / Rudolfs Bems, Philip Schellekens |
Autore | Bems Rudolfs |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (38 p.) |
Disciplina | 304.80947 |
Altri autori (Persone) | SchellekensPhilip |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Convergence (Economics) - Europe, Eastern - Econometric models
Equilibrium (Economics) - Econometric models Labor mobility - Europe, Eastern - Econometric models Demand and Supply of Labor: General Geographic Labor Mobility Immigrant Workers Income economics Industrial productivity Labor economics Labor Economics: General Labor flows Labor market Labor markets Labor mobility Labor Turnover Labor Labour Layoffs Macroeconomics Macroeconomics: Production Production and Operations Management Productivity Vacancies |
ISBN |
1-4623-5074-7
1-4527-7429-3 1-4518-7122-8 9786612842153 1-282-84215-3 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Cross-Border Labor Flows; Tables; 1. New Member States: Net Migration Rates, 1992-2007; 2. Largest Source Countries for Immigration in OECD European Countries, 2000 and 2005..; Figures; 1. Residents from the NMS-8 in the EU-15, 2000-2006; III. A General Equilibrium Model with Labor Mobility; 2. New Member States: Income per Capita Relative to EU-27, 2000 and 2007; A. Model Setup; Consumer Problem; Producer Problems; Aggregate Resource Constraints; B. Definition of Equilibrium; C. Characterization of Equilibrium; Functional Forms and Parameterization
Case 1: Impact of Cross-Border Labor Mobility on Convergence3. Parameter Values and Initial Conditions; 3. Simulations with Minimal Factor Adjustment Costs; Case 2: Impact When Adjustment Costs are Large; 4. Simulations with Larger Factor Adjustment Costs; Case 3: Pace of Productivity Convergence and the Boom and Bust Cycle; 5. Response of Cross-Border Labor Flows to Selected Convergence Scenarios; IV. Policy Challenges; A. Managing Volatility; Symptoms of Overheating; 6. New Member States: Real Wage Developments, 2004-2008:Q1; 7. New Member States: Job Vacancy Rates, 2005-07 ... Or Business As Usual?Labor Mobility's Cushioning Role; Demand-Management Policies; B. Fostering Growth; Mobilizing Labor Supply and Employment; 8. New Member States: Employment Rate, 2000-07; 9. New Member States: Unemployment Rate, 2000-08; Reducing Labor Market Mismatches; V. Conclusion; References |
Record Nr. | UNINA-9910826442703321 |
Bems Rudolfs | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|