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Non-renewable resources, fiscal rules, and human capital (English)

Abstract

This paper develops a multi-sector, small open economy Dynamic Stochastic General Equilibrium model, which includes the accumulation of human capital, built via public expenditures in education and health. Four possible fiscal rules are examined for total... See More +

Details

  • Levine, Paul Leslie; Melina, Giovanni; Onder, Harun;
  • 2016/06/06 09:00:03
  • Policy Research Working Paper
  • WPS7695
  • 1
  • 1
  • Kenya
  • Africa
  • 2016/06/06 08:56:15
  • Disclosed
  • Non-renewable resources, fiscal rules, and human capital
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