Oil Shocks in a Global Perspective : Are they Really That Bad? /

Using a comprehensive global dataset, we outline stylized facts characterizing relationships between crude oil prices and macroeconomic developments across the world. Approaching the data from several angles, we find that the impact of higher oil prices on oil-importing economies is generally small:...

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Détails bibliographiques
Auteur principal: Rasmussen, Tobias
Autres auteurs: Roitman, Agustin
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:IMF Working Papers; Working Paper ; No. 2011/194
Accès en ligne:Full text available on IMF