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The impact of commodity price volatility on fiscal balance and the role of real interest rate

The objective of this study is to explore the impact of commodity price volatility on the governments’ fiscal balance. Using a dynamic panel data model for 108 countries from 1993 to 2018, this study finds that governments’ fiscal balance deteriorates with commodity price volatility, especially for...

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Detalles Bibliográficos
Autores principales: Majumder, Monoj Kumar, Raghavan, Mala, Vespignani, Joaquin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8747887/
https://www.ncbi.nlm.nih.gov/pubmed/35035059
http://dx.doi.org/10.1007/s00181-021-02168-3