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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Detaylı Bibliyografya
Yazar: Adedeji, Olumuyiwa
Diğer Yazarlar: Roos, Erik, Shahid, Sohaib, Zhu, Ling
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2019.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2019/304
Online Erişim:Full text available on IMF