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Still not getting energy prices right : a global and country update of fossil fuel subsidies

Parry, Ian W. H.; Black, Simon; Vernon, Nate - 2021

Persistent link: https://www.econbiz.de/10012796730

Energy subsidies and energy consumption : a cross-country analysis

Charap, Joshua; Silva, Arthur Ribeiro da; Rodriguez, Pedro - 2013

Persistent link: https://www.econbiz.de/10009756808

Modeling the U.S. climate agenda : macro-climate trade-offs and considerations

Barrett, Philip; Bergant, Katharina; Chateau, Jean; … - 2021

The run up to the 26th Climate Change Conference has brought tackling climate change to the fore of global policy making. In this context, the U.S. administration has recently unveiled new climate targets. This paper elaborates on the administration's plans and uses two models developed at the...

Persistent link: https://www.econbiz.de/10012795050

A crude shock : explaining the impact of the 2014-16 oil price decline across exporters

Grigoli, Francesco; Herman, Alexander; Swiston, Andrew - 2017

The decline in oil prices in 2014-16 was one of the sharpest in history, and put to test the resilience of oil exporters. We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy...

Persistent link: https://www.econbiz.de/10011705066

Lost in transmission? : the effectiveness of monetary policy transmission channels in the GCC countries

Cevik, Serhan; Teksoz, Katerina - 2012

This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results indicate that the interest rate and bank lending channels are relatively effective in influencing...

Persistent link: https://www.econbiz.de/10012694088

How do changing U.S. interest rates affect banks in the Gulf Cooperation Council (GCC) countries?

Adedeji, Olumuyiwa S.; Alatrash, Yacoub; Kirti, Divya - 2019

Given their pegged exchange rate regimes, Gulf Cooperation Council (GCC) countries usually adjust their policy rates to match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks in the GCC. We use bank-level panel data, exploiting...

Persistent link: https://www.econbiz.de/10012154990

U.S. monetary policy spillovers to GCC countries : do oil prices matter?

Adedeji, Olumuyiwa S.; Roos, Erik; Shahid, Sohaib; Zhu, Ling - 2019

This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The potential channels through which oil prices could affect the effectiveness of monetary policy are discussed. We find...

Persistent link: https://www.econbiz.de/10012155248

What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?

Elekdag, Selim - 2004

This paper uses a variant of the IMF''s Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen''s full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and the GCC countries, several simulations were carried out to estimate the potential...

Persistent link: https://www.econbiz.de/10014404106

How Large Are Global Energy Subsidies?

Coady, David P. - 2015

countries’ own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …

Persistent link: https://www.econbiz.de/10014412106

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

Anand, Rahul - 2013

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of … households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate …

Persistent link: https://www.econbiz.de/10014395186