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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Detalles Bibliográficos
Autor Principal: Rasmussen, Tobias
Outros autores: Roitman, Agustin
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/194
Acceso en liña:Full text available on IMF