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|z 9781513519357
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|a 1018-5941
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|a Adedeji, Olumuyiwa.
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|a U.S. Monetary Policy Spillovers to GCC Countries :
|b Do Oil Prices Matter? /
|c Olumuyiwa Adedeji, Erik Roos, Sohaib Shahid, Ling Zhu.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2019.
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|a 1 online resource (15 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The potential channels through which oil prices could affect the effectiveness of monetary policy are discussed. We find that the level of oil prices tends to dampen or amplify the growth impact of changes in U.S. monetary policy on the non-oil economies in the GCC.
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|a Mode of access: Internet
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|a Roos, Erik.
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|a Shahid, Sohaib.
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|a Zhu, Ling.
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|a IMF Working Papers; Working Paper ;
|v No. 2019/304
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2019/304/001.2019.issue-304-en.xml
|z IMF e-Library
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