The differential effects of oil demand and supply shocks on the global economy / prepared by Paul Cashin [and others]
We employ a set of sign restrictions on the generalized impulse responses of a Global VAR model, estimated for 38 countries/regions over the period 1979Q2-2011Q2, to discriminate between supply-driven and demand-driven oil-price shocks and to study the time profile of their macroeconomic effects for...
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Format: | eBook |
Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
©2012.
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Series: | IMF working paper ;
WP/12/253. |
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Internet
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HD9560.4
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HD9560.4 | Available |