Q43 - Energy and the Macroeconomy - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:56:03+00:00How Oil Supply Shocks Affect the Global Economy: Evidence from Local Projections
https://www.bankofcanada.ca/2019/07/staff-discussion-paper-2019-6/
We provide empirical evidence on the impact of oil supply shocks on global aggregates. To do this, we first extract structural oil supply shocks from a standard oil-price determination model found in the literature.2019-07-24T09:16:02+00:00enHow Oil Supply Shocks Affect the Global Economy: Evidence from Local Projections2019-07-24Business fluctuations and cyclesInternational topicsStaff Discussion Paper 2019-6https://www.bankofcanada.ca/wp-content/uploads/2019/07/sdp2019-6.pdfHow Oil Supply Shocks Affect the Global Economy: Evidence from Local ProjectionsOlivier GervaisJuly 2019CC2C22C5EE3E37QQ4Q43