OIL PRICE SHOCK AND MACROECONOMIC PERFORMANCE IN NIGERIA: IMPLICATION ON EMPLOYMENT
نویسندگان
چکیده
منابع مشابه
Oil Price Shocks, Inventories and Macroeconomic Dynamics
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The price of a barrel of crude oil doubled within a few months last year. Although prices have been easing lately, for those who paid more than $3 for a gallon of gas, the memory is not likely to fade quickly. But worries about higher gas prices don’t end at the pump. Oil price shocks—sudden and sharp increases in the price of oil and its derivatives like gasoline—are associated in the popular ...
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This paper investigates the effects of oil price shocks on real GDP and inflation in selected oil exporting and importing countries using the Global VAR approach. We have used the data for 47 countries over the 38 years from 1979 to 2015 in this research. We have grouped the countries into 21 regions. Our results indicate that firstly that the impact of shocks on the real GDP of oil-exporti...
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ژورنال
عنوان ژورنال: International Journal of Energy Economics and Policy
سال: 2019
ISSN: 2146-4553
DOI: 10.32479/ijeep.7768