U.S. Monetary Policy Spillovers to GCC Countries : Do Oil Prices Matter? /

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 tha...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Adedeji, Olumuyiwa
مؤلفون آخرون: Roos, Erik, Shahid, Sohaib, Zhu, Ling
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/304
الوصول للمادة أونلاين:Full text available on IMF