Oil Prices and the Global Economy : Is It Different This Time Around? /

The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the United States and the global economy. In this paper, using a quarterly multi-country econometric model, we first show that a fall in oil prices tends relatively quickly to low...

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Détails bibliographiques
Auteur principal: Mohaddes, Kamiar
Autres auteurs: Pesaran, M.
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/210
Accès en ligne:Full text available on IMF