The Differential Effects of Oil Demand and Supply Shocks on the Global Economy /

We employ a set of sign restrictions on the generalized impulse responses of a Global VAR model, estimated for 38 countries/regions over the period 1979Q2-2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and to study the time profile of their macroeconomic effects for...

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Bibliografski detalji
Glavni autor: Cashin, Paul
Daljnji autori: Mohaddes, Kamiar, Raissi, Maziar, Raissi, Mehdi
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2012.
Serija:IMF Working Papers; Working Paper ; No. 2012/253
Online pristup:Full text available on IMF