The U.S. Oil Supply Revolution and the Global Economy /

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set-identification of the U.S. oil supply shock is achieved through imposi...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Mohaddes, Kamiar
Weitere Verfasser: Raissi, Mehdi
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/259
Online Zugang:Full text available on IMF