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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Arezki, Rabah
Rannpháirtithe: Ramey, Valerie, Sheng, Liugang
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/209
Rochtain ar líne:Full text available on IMF