News Shocks in Open Economies : Evidence from Giant Oil Discoveries /
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output ? the delay between a discovery and production is on average 4 to 6 years. We first present...
| Главный автор: | Arezki, Rabah |
|---|---|
| Другие авторы: | Ramey, Valerie, Sheng, Liugang |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2015/209 |
| Online-ссылка: | Full text available on IMF |
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