Oil Prices and the Global Economy /

This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, a...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Arezki, Rabah
Weitere Verfasser: Jakab, Zoltan, Laxton, Douglas, Matsumoto, Akito
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/015
Online Zugang:Full text available on IMF