Hidden Bibliographic Details
| Other authors / contributors: | Unalmis, Ibrahim, author.
Unsal, D. Filiz, author.
International Monetary Fund. Asia and Pacific Department.
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| ISBN: | 9781452740973
1452740976
1451918461
9781451918465
1462324479
9781462324477
1451874308
9781451874303
1282844725
9781282844728
9786612844720
6612844728
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Analyzing macroeconomic impacts of oil price changes requires first to investigate different sources of these changes and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a precautionary oil demand shock. The paper's aim is to model macroeconomic consequences of these shocks within a new Keynesian DSGE framework. It models a small open economy and the rest of the world together to discover both accompanying effects of oil price changes and their international transmission mechanisms. Our results indicate that different sources of oil price fluctuations bring remarkably diverse outcomes for both economies.
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| Other form: | Print version: Unalmis, Deren. On the sources of oil price fluctuations. [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., 2009
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| Standard no.: | 10.5089/9781451918465.001
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