Is Norway's bird-in-hand stabilization fund prudent enough? fiscal reactions to hydrocarbon windfalls and graying populations

We estimate fiscal reaction functions for non-hydrocarbon tax and public spending shares of national income and for debt management strategies adopted by Norway and compare these with rules that would prevail under the permanent income hypothesis and bird-in-hand rule. We conclude that the fiscal re...

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Bibliographische Detailangaben

1. Verfasser:	Harding, Torfinn (VerfasserIn)
Weitere Verfasser:	Ploeg, Frederick van der (VerfasserIn)
Format:	UnknownFormat
Sprache:	eng
Veröffentlicht:	Munich Univ., Center for Economic Studies 2009
Schriftenreihe:	CESifo working paper series Public finance 2830
Schlagworte:
Online Zugang:	http://www.cesifo-group.de/~DocCIDL/cesifo1_wp2830.pdf
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