Fiscal Policy and Economic Cycles in Oil-Exporting Countries /

This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect th...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Tazhibayeva, Kamilya
Muut tekijät: Husain, Aasim, Ter-Martirosyan, Anna
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2008.
Sarja:IMF Working Papers; Working Paper ; No. 2008/253
Linkit:Full text available on IMF