Exploring the Robustness of the Oil Price : Macroeconomy Relationship PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Exploring the Robustness of the Oil Price : Macroeconomy Relationship PDF full book. Access full book title Exploring the Robustness of the Oil Price : Macroeconomy Relationship by Mark A. Hooker. Download full books in PDF and EPUB format.
Author: Mark A. Hooker
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Mark A. Hooker
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Mark A. Hooker
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 48
Get Book Here
Book Description
Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1513590766
Category : Business & Economics
Languages : en
Pages : 54
Get Book Here
Book Description
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output ? the delay between a discovery and production is on average 4 to 6 years. We first present a two-sector small open economy model in order to predict the responses of macroeconomic aggregates to news of an oil discovery. We then estimate the effects of giant oil discoveries on a large panel of countries. Our empirical estimates are consistent with the predictions of the model. After an oil discovery, the current account and saving rate decline for the first 5 years and then rise sharply during the ensuing years. Investment rises robustly soon after the news arrives, while GDP does not increase until after 5 years. Employment rates fall slightly for a sustained period of time.
Author: Mark A. Hooker
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Ben Bernanke
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 76
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 850
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 620
Get Book Here
Book Description
Author: Mark A. Hooker
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Alexander David
Publisher:
ISBN:
Category : Bondholders
Languages : en
Pages : 68
Get Book Here
Book Description
Author: Brian Sack
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 46
Get Book Here
Book Description
