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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Arezki, Rabah
Kolejni autorzy: Ramey, Valerie, Sheng, Liugang
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2015.
Seria:IMF Working Papers; Working Paper ; No. 2015/209
Dostęp online:Full text available on IMF