Series: IMF Working Papers
Author(s): Kamiar Mohaddes , and M. Pesaran
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 November 2016
Keywords: Economic growth, Markets, Oil, Oil prices, United States, Western Hemisphere, Econometric models, Supply and demand, Vector autoregression, Equity prices
The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the United States and the global economy. In this paper, using a quarterly multi-country econ...