Oil and the World Economy : Some Possible Futures /

This paper, using a six-region DSGE model of the world economy, assesses the GDP and current account implications of permanent oil supply shocks hitting the world economy at an unspecified future date. For modest-sized shocks and conventional production technologies the effects are modest. But for l...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kumhof, Michael
Weitere Verfasser: Muir, Dirk
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/256
Online Zugang:Full text available on IMF