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the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …
Persistent link: https://www.econbiz.de/10003897747
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the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …
Persistent link: https://www.econbiz.de/10003909263
Persistent link: https://www.econbiz.de/10000137145
Persistent link: https://www.econbiz.de/10011538905
The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the US and the global economy. In this paper, using a quarterly multi-country econometric model, we first show that a fall in oil prices tends relatively quickly to lower...
Persistent link: https://www.econbiz.de/10011502542
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This paper investigates the global macroeconomic consequences of country-specific oil-supply shocks. Our contribution is both theoretical and empirical. On the theoretical side, we develop a model for the global oil market and integrate this within a compact quarterly model of the global economy...
Persistent link: https://www.econbiz.de/10010528313
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