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...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2012/256 |
| Accès en ligne: | Full text available on IMF |