Borradores de Economia
Número:
807
Publicado:
Clasificación JEL:
E62, F47, H30, H63
Palabras clave:
Fiscal rule, Natural-Resource Boom, Consumer Welfare, Equilibrium Model
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This document analyzes the macroeconomic effects of a boom in a small-open economy's natural-resource sector. We study the effects of this shock on the most important macroeconomic variables, the resource reallocation across sectors and on welfare under a