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Inflation Pressures and Monetary Policy Options in Emerging and Developing Countries-A Cross Regional Perspective

Ötker, Inci - 2009

This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated … with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of … of inflation; provides a synthesis of policy responses taken against the background of the conflicting objectives and …

Persistent link: https://www.econbiz.de/10012677694

Modeling the impact of taxes on petroleum exploration and development

Smith, James L. - 2012

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...

Persistent link: https://www.econbiz.de/10009678956

Africa's Oil Abundance and External Competitiveness

Qureshi, Mahvash Saeed - 2008

This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance across these economies. The analysis reveals that...

Persistent link: https://www.econbiz.de/10012677623

Africa's Oil Abundance and External Competitiveness : Do Institutions Matter?

Qureshi, Mahvash - 2008

Persistent link: https://www.econbiz.de/10014409041

Fiscal Sustainability, Public Investment, and Growth in Natural Resource-Rich, Low-Income Countries : The Case of Cameroon

Samake, Issouf - 2013

This paper assesses the implications of the use of oil revenue for public investment on growth and fiscal sustainability in Cameroon. We develop a dynamic stochastic general equilibrium model to analyze the effects of such investment on growth and on the path of key fiscal indicators, such as...

Persistent link: https://www.econbiz.de/10014409427

Government Spending on Health Care and Education in Croatia

Gunnarsson, Victoria - 2008

This paper assesses the relative efficiency of government spending on health care and education in Croatia by using the so-called Data Envelopment Analysis. The analysis finds evidence of significant inefficiencies in Croatia's spending on health care and education, related to inadequate cost...

Persistent link: https://www.econbiz.de/10012677455

On the sources and consequences of oil price shocks : the role of storage

Unalmis, Deren; Unalmis, Ibrahim; Unsal, D. Filiz - 2012

Building on recent work on the role of speculation and inventories in oil markets, we embed a competitive oil storage model within a DSGE model of the U.S. economy. This enables us to formally analyze the impact of a (speculative) storage demand shock and to assess how the effects of various...

Persistent link: https://www.econbiz.de/10009679009

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

Cashin, Paul - 2012

We employ a set of sign restrictions on the generalized impulse responses of a Global VARmodel, estimated for 38 countries/regions over the period 1979Q2 2011Q2, to discriminatebetween supply-driven and demand-driven oil-price shocks and to study the time profile oftheir macroeconomic effects...

Persistent link: https://www.econbiz.de/10012690166

World Crude Oil Markets : Monetary Policy and the Recent Oil Shock

Krichene, Noureddine - 2006

Intro -- Content -- I. INTRODUCTION -- II. OIL PRICE VOLATILITY -- III. THE DEMAND AND SUPPLY OF CRUDE OIL -- IV. ROLE OF MONETARY POLICY IN THE OIL MARKETS -- V. SOLUTION OF THE SEM -- VI. CONCLUSIONS -- APPENDIX -- REFERENCES.

Persistent link: https://www.econbiz.de/10012690972

How Much is Enough? Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria.

Bartsch, Ulrich - 2006

Intro -- Contents -- I. AN OIL STABILIZATION FUND FOR NIGERIA -- A. Introduction and Overview -- B. Views in the Literature -- C. Stabilizing Fiscal Spending -- D. Model Description -- E. Application to Nigeria -- References.

Persistent link: https://www.econbiz.de/10012690979

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