University Of Zambia Online Public Access Catalogue
Can an oil discovery lead to recession: A comment on Eastwood and Venables.
By: Van Wijubergen, Sweder.
Material type:
BookSeries: World Bank Reprint Series; No.338. Publisher: Washington : World Bank, 1984Subject(s): Economic recession | Economic crisis -- Economic depression -- Economic policy/. -- Economic crisis -- Economic depression -- Economic policy/. -- Economic crisis -- Economic depression -- Economic policySummary: Presents an analysis of the macroeconomic consequence of an oil discovery in an open economy model which assumes perfect international capital mobility, rational exchange rate expectations and sluggish adjustment of domestic goods prices.
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Presents an analysis of the macroeconomic consequence of an oil discovery in an open economy model which assumes perfect international capital mobility, rational exchange rate expectations and sluggish adjustment of domestic goods prices.
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