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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Adedeji, Olumuyiwa
Kolejni autorzy: Roos, Erik, Shahid, Sohaib, Zhu, Ling
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2019.
Seria:IMF Working Papers; Working Paper ; No. 2019/304
Dostęp online:Full text available on IMF