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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Adedeji, Olumuyiwa
अन्य लेखक: Roos, Erik, Shahid, Sohaib, Zhu, Ling
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/304
ऑनलाइन पहुंच:Full text available on IMF