State of Shocks Synchronization among Members of the GCC
Pourquoi ce travail est-il dans la base ?
Une base qui oublie comment elle a trouvé un travail ne peut pas être vérifiée. Voici les voies qui ont admis celui-ci.
Aucune affiliation canadienne. Une base fondée sur la seule affiliation (le devis habituel) n'aurait jamais vu ce travail. C'est l'un des travaux qui justifient l'inversion de la base.
Le tri à trois modèles
les 1 000 travaux triés →Les trois modèles l'ont jugé hors champ.
Macroeconomic SVAR analysis of supply and demand shocks in GCC countries.
This paper studies macroeconomic shock synchronization, not research.
Macroeconomics of GCC supply and demand shocks, not science of science.
Résumé
This paper examines fluctuations of aggregate supply and demand shocks across the GCC countries. It argues that the world oil price influences aggregate demand and supply of these countries. Thus, in contrast to other studies, a SVAR model is used to identify structural shocks by including the oil price. The aggregate supply and demand shocks are then analyzed. The correlations of supply shocks among the member countries are either negative or low positive. Similarly, the correlations of demand shocks, except few pairs of countries, are also negative and low positive. Thus, shocks are not synchronized. These results are different than the results found in other similar studies probably due to the model specification. The implication of the findings is that the GCC countries would find it difficult to adjust supply and demand shocks if they form their aspired Gulf Monetary Union.
Conservé avec la notice de tri, où il sert de preuve aux étiquettes ci-dessus.
La notice
- Revue
- Research in World Economy
- Thématique
- Market Dynamics and Volatility
- Domaine
- Economics, Econometrics and Finance
- Établissements canadiens
- —
- Organismes subventionnaires
- —
- Mots-clés
- Aggregate demandEconomicsDemand shockSupply shockOil supplySupply and demandMonetary economicsAggregate supplyOil priceAggregate (composite)Money supplySynchronization (alternating current)EconometricsMacroeconomicsMonetary policy
- Résumé présent dans OpenAlex
- oui