Melek, Nida Çakır; Plante, Michael; Yücel, Mine Kuban - 2017 - Current version: September 4, 2017
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining...
