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Oil Price Movements and the Global Economy: A Model-Based Assessment

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NBER2008-02-01 更新2025-01-04 收录
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We develop a five-region version (Canada, a group of oil exporting countries, 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

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2008-02-01
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