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...

詳細記述

書誌詳細
第一著者: Adedeji, Olumuyiwa
その他の著者: Roos, Erik, Shahid, Sohaib, Zhu, Ling
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2019.
シリーズ:IMF Working Papers; Working Paper ; No. 2019/304
オンライン・アクセス:Full text available on IMF