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Oil Rules : Kazakhstan's Policy Options in a Downturn

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A vector autoregressive model of the Saudi Arabian economy

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Constraints on the Design and Implementation of Monetary Policy in Oil Economies

Fund, International Monetary - 2008

By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this...