TY  - BOOK
AU  - Mohaddes,Kamiar
AU  - Pesaran,M.Hashem
TI  - Oil Prices and the Global Economy
SN  - 1484315146
AV  - HG3881.5.I58 
U1  - 338.2/32 23
PY  - 2016///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Petroleum products
KW  - Prices
KW  - Economic development
KW  - Private equity
KW  - Electronic books
N1  - Cover; Contents; I. Introduction; II. Analyzing the oil market using a multi-country model; A. The GVAR-Oil model; B. Effects of a fall in oil prices; III. Analyzing oil price changes using monthly data; A. Has the relationship between real oil and equity prices been stable over time?; B. Are lower oil prices beneficial for the U.S. and the world economy?; IV. How do global oil supplies respond to lower oil prices?; V. Concluding Remarks; References; Figures; 1. Nominal and Real (2015 U.S. dollars) WTI Oil Prices; 2. Effects of Lower Oil Prices on Global Real Equity Prices, Long-Term Interest Rates, and Real GDP3. Effects of Lower Oil Prices on Long-Term Interest Rates in Various Countries; 4. Effects of Lower Oil Prices on Inflation in Various Countries; 5. Effects of Lower Oil Prices on Real GDP in Various Countries; 6. U.S. Oil Production (1000 barrels/day); 7. Real Oil Prices and Real US Equity Prices (S & P 500), 1946M1-2016M3; 8. Rolling Estimates of the Effects of Changes in Oil Prices on Equity Prices; 9. Real Oil Prices and Real Dividends (S & P 500), 1946M1-2016M3; 10. Rolling Estimates of the Effects of Changes in Oil Prices on Real Dividends11. Monthly Oil Production for Iran, Iraq, Russia, Saudi Arabia, and the US (1000 barrels/day); Tables; 1. Countries and Regions in the GVAR-Oil Model; 2. Correlations between Changes in Real Oil Prices, Equity Prices and Dividends; 3. Estimates of the Long-run Coefficients of Real Oil Prices based on Various ARDL Regressions and Sub-samples, 1970M1-2016M4
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1577288
ER  -