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Right now the oil price again ensures many headlines. The Bank of Canada became the first central bank in the Group of Seven to cut interest rates in response to plummeting oil prices, saying the shock will weigh on everything from inflation to business spending. U.S. banks are setting aside...
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This paper examines the relationship between monetary policy and oil prices within a world oil demand and supply model … interest rates led to high oil price volatility in 2005. Data shows that world economic growth and price stability require …
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World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth …
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and world oil prices using a vector autoregressive (VAR) approach. We focus on an economy, which is a non-OPEC oil …
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In 2000 and 2001 Russia faced a puzzle: high world oil prices, while ensuring GDP growth and strong fiscal balance …
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