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...

詳細記述

書誌詳細
第一著者: Arezki, Rabah
その他の著者: Ramey, Valerie, Sheng, Liugang
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
シリーズ:IMF Working Papers; Working Paper ; No. 2015/209
オンライン・アクセス:Full text available on IMF