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BIBTEX RIS

Oil, National Wealth, and Current and Future Consumption Possibilities

1991; International Monetary Fund; Volume: 91; Issue: 60 Linguagem: Inglês

10.5089/9781451965285.001

ISSN

2227-8885

Autores

Gunnar Tersman,

Tópico(s)

Climate Change Policy and Economics

Resumo

This paper offers a discussion about the macroeconomics of exhaustible resources.In a resource-based economy, long-term sustainability is an obvious issue.This paper outlines some ideas on how to treat issues related to exhaustible resources in a macroeconomic context.Based on a small dynamic general equilibrium model, the approach is demonstrated with the help of some simple numerical examples.

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