Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-19T05:18:37+00:00How Changes in Oil Prices Affect the Macroeconomy
https://www.bankofcanada.ca/2009/12/working-paper-2009-33/
We estimate a New Keynesian general-equilibrium open economy model to examine how changes in oil prices affect the macroeconomy. Our model allows oil price changes to be transmitted through temporary demand and supply channels (affecting the output gap), as well as through persistent supply side effects (affecting trend growth).2009-12-15T14:47:31+00:00enHow Changes in Oil Prices Affect the Macroeconomy2009-12-15Economic modelsInterest ratesMonetary policy transmissionPotential outputProductivityWorking Paper 2009-33 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-33.pdfHow Changes in Oil Prices Affect the MacroeconomyBrian DePrattoCarlos De ResendePhilipp MaierDecember 2009FF4F41QQ4Q43The Outlook for the Global Supply of Oil: Running on Faith?
https://www.bankofcanada.ca/2009/07/discussion-paper-2009-9/
The dramatic reduction in global demand, and the decline in the spot price of crude oil in the second half of last year, may have significant implications for the future supply of oil. Investments in conventional methods of extraction have been constrained, since easily accessible oil reserves are typically concentrated in countries with geopolitical uncertainty and/or state-run oil companies.2009-07-01T09:42:18+00:00enThe Outlook for the Global Supply of Oil: Running on Faith?2009-07-01Business fluctuations and cyclesInflation and pricesInternational topicsDiscussion Paper 2009-9https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp09-9.pdfThe Outlook for the Global Supply of Oil: Running on Faith?Olivier GervaisIlan KoletJuly 2009QQ4Q41Q43