Format:
1 Online-Ressource (circa 39 Seiten)
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Illustrationen
ISBN:
9781484377727
Series Statement:
IMF working paper WP/18, 226
Content:
The structural model in this paper proposes a micro-founded framework that incorporates an active banking sector with an oil-producing sector. The primary goal of adding a banking sector is to examine the role of an interbank market on shocks, introduce a national development fund and study its link to the banking sector and the government. The government and the national development fund directly play key roles in the propagation of the oil shock. In contrast, the banking sector and the labor market, through perfect substitution between the oil and non-oil sectors, have major indirect impacts in spreading shocks
Additional Edition:
Erscheint auch als Druck-Ausgabe Tabarraei, Hamid Business Cycle with Bank Intermediation in Oil Economies Washington, D.C. : International Monetary Fund, 2018 ISBN 9781484377727
Language:
English
Keywords:
Graue Literatur
DOI:
10.5089/9781484377727.001
URL:
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