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2024-03-28T16:16:55+00:00
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Oil Price Movements and the Global Economy: A Model-Based Assessment
https://www.bankofcanada.ca/2007/05/working-paper-2007-34/
We develop a five-region version (Canada, an oil exporter, the United States, emerging Asia and Japan plus the euro area) of the Global Economy Model (GEM) encompassing production and trade of crude oil, and use it to study the international transmission mechanism of shocks that drive oil prices.
2007-05-04T12:23:07+00:00
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Oil Price Movements and the Global Economy: A Model-Based Assessment
2007-05-04
Economic models
Inflation and prices
International topics
Working Paper 2007-34
https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-34.pdf
Oil Price Movements and the Global Economy: A Model-Based Assessment
Selim Elekdag
René Lalonde
Douglas Laxton
Dirk Muir
Paolo Pesenti
May 2007
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