The Differential Effects of Oil Demand and Supply Shocks on the Global Economy

WP/12/253

Nopic
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 different countries. The results indicate that... READ MORE...

Publication date: October 2012
ISBN 9781475597158
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: October 2012

English