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...
| Autor principal: | |
|---|---|
| Altres autors: | , , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2019/304 |
| Accés en línia: | Full text available on IMF |