The purpose of this paper is to investigate the economic impacts of inter-generational allocation of exhaustible natural resources. We quantify the potential impacts of implementing this on oil and gas revenues in Iran. We employ an overlapping-generations computable general equilibrium model...

The paper first investigates the causes of the recent financial and liquidity crisis in the US and all over the world as a preliminary phase of the imminent recession. It then questions Paulson-Bernanke’s plan as a solution to the crisis and ponders over the differences between EU plan and the...