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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Бібліографічні деталі
Автор: Mohaddes, Kamiar
Інші автори: Pesaran, M.
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Working Papers; Working Paper ; No. 2016/210
Онлайн доступ:Full text available on IMF