Browsing BI Research Centre's Series by Subject "Oil-Rich Countries"
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Fiscal Policy Regimes in Resource-Rich Economies
(CAMP Working Paper Series;13/2023, Working paper, 2023-10-21)We analyse fiscal policy in resource-rich economies using a novel Bayesian regime-switching panel model. The identified regimes capture pro- or countercyclical fiscal behaviour, while the switches between the regimes have ...