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...

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מידע ביבליוגרפי
מחבר ראשי: Adedeji, Olumuyiwa
מחברים אחרים: Roos, Erik, Shahid, Sohaib, Zhu, Ling
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2019.
סדרה:IMF Working Papers; Working Paper ; No. 2019/304
גישה מקוונת:Full text available on IMF