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...

全面介紹

書目詳細資料
主要作者: Arezki, Rabah
其他作者: Ramey, Valerie, Sheng, Liugang
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2015.
叢編:IMF Working Papers; Working Paper ; No. 2015/209
在線閱讀:Full text available on IMF