Eslamloueyan, Karim

Shiraz Universiy

[ 1 ] - The Effect of the Origin of Oil Price Shocks on Macroeconomic Dynamics in an Oil-Exporting Country: An Open DSGE Model

In recent years, some research has focused on the importance of the origin of an oil shock for macroeconomic dynamics in both oil-exporting and importing countries. The existing literature lacks a proper open Stochastic Dynamic General Equilibrium (DSGE) framework to investigate the effect of the origins of oil shocks on macro variables in a two-country model consisting of an oil-exporting coun...

[ 2 ] - The Effect of Falling Oil Prices on Major Oil Exporting Countries through Trade and Financial Channels: A GVAR Model

The researches have generally ignored the effect of an oil price shock passing through financial channel. To fill this gap, we examine the impact of a fall in oil price on output and inflation through trade and financial channels by using a Global VAR (GVAR) model in oil-exporting countries. Our sample includes 15 OPEC and non-OPEC oil-exporting countries, 14 oil-importing countries and Europea...