Fiscal Policy and Economic Cycles in Oil-Exporting Countries /
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| Author / Creator: | Tazhibayeva, Kamilya. |
|---|---|
| Imprint: | Washington, D.C. : International Monetary Fund, 2008. 2008 |
| Description: | 1 online resource (21 pages). |
| Language: | English |
| Series: | IMF Working Papers, 2227-8885 ; Working Paper No. 08/253 IMF Working Papers ; Working Paper no. 08/253. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12508173 |
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| 100 | 1 | |a Tazhibayeva, Kamilya. | |
| 245 | 1 | 0 | |a Fiscal Policy and Economic Cycles in Oil-Exporting Countries / |c Tazhibayeva, Kamilya. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c 2008. | ||
| 264 | 4 | |c 2008 | |
| 300 | |a 1 online resource (21 pages). | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers, |x 2227-8885 ; |v Working Paper No. 08/253 | |
| 500 | |a Available in PDF, ePUB, and Mobi formats on the Internet. | ||
| 520 | 3 | |a This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect the economic cycle only through their impact on fiscal policy. Once fiscal policy changes are removed, oil price shocks do not have a significant independent effect on the economic cycle. | |
| 505 | 0 | |a I. Introduction; II. Data and Cyclical Properties; III. Oil Prices, Output Cycles, and Fiscal Policy; IV. Panel VAR Framework; V. Sensitivity Checks and Extensions; VI. Conclusions; References; Appendixes; A. Data Sources and Descriptions; B. Unit Root Tests | |
| 650 | 0 | |a Fiscal policy |x Econometric models. | |
| 650 | 0 | |a Business cycles |x Econometric models. | |
| 650 | 0 | |a Petroleum industry and trade |x Econometric models. | |
| 650 | 6 | |a Politique fiscale |x Modèles économétriques. | |
| 650 | 6 | |a Cycles économiques |x Modèles économétriques. | |
| 650 | 6 | |a Pétrole |x Industrie et commerce |x Modèles économétriques. | |
| 650 | 7 | |a Business cycles |x Econometric models. |2 fast |0 (OCoLC)fst00842461 | |
| 650 | 7 | |a Fiscal policy |x Econometric models. |2 fast |0 (OCoLC)fst00925810 | |
| 650 | 7 | |a Petroleum industry and trade |x Econometric models. |2 fast |0 (OCoLC)fst01059568 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Husain, Aasim M. | |
| 700 | 1 | |a Tazhibayeva, Kamilya. | |
| 700 | 1 | |a Ter-Martirosyan, Anna. | |
| 710 | 2 | |a International Monetary Fund. |0 http://id.loc.gov/authorities/names/n81052755 | |
| 830 | 0 | |a IMF Working Papers ; |v Working Paper no. 08/253. | |
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