Fiscal policy and economic cycles in oil-exporting countries / prepared by Aasim M. Husain, Kamilya Tazhibayeva, and Anna Ter-Martirosyan.
This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect th...
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Full Text (via ProQuest) |
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| Main Authors: | , , |
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| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
©2008.
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| Series: | IMF working paper ;
WP/08/253. |
| Subjects: |
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