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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Detalhes bibliográficos
Autor principal: Mohaddes, Kamiar
Outros Autores: Pesaran, M.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:IMF Working Papers; Working Paper ; No. 2016/210
Acesso em linha:Full text available on IMF