LEADER 04162oam  22010574  450 
001 9910827362003321
005 20240402050749.0
010   $a1-4623-4670-7
010   $a1-4527-9851-6
010   $a9786612842047
010   $a1-282-84204-8
010   $a1-4518-7111-2
035   $a(CKB)3170000000055148
035   $a(EBL)1608075
035   $a(SSID)ssj0000944032
035   $a(PQKBManifestationID)11505882
035   $a(PQKBTitleCode)TC0000944032
035   $a(PQKBWorkID)10982475
035   $a(PQKB)11433648
035   $a(OCoLC)762248827
035   $a(MiAaPQ)EBC1608075
035   $a(IMF)WPIEE2008253
035   $a(EXLCZ)993170000000055148
100   $a20020129d2008      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aFiscal Policy and Economic Cycles in Oil-Exporting Countries /$fKamilya Tazhibayeva, Aasim Husain, Anna Ter-Martirosyan
205   $a1st ed.
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2008.
215   $a1 online resource (23 p.)
225 1 $aIMF Working Papers
225  0$aIMF working paper ;$vWP/08/253
300   $aDescription based upon print version of record.
311   $a1-4519-1564-0 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. Data and Cyclical Properties; III. Oil Prices, Output Cycles, and Fiscal Policy; IV. Panel VAR Framework; V. Sensitivity Checks and Extensions; VI. Conclusions; References; Appendixes; A. Data Sources and Descriptions; B. Unit Root Tests
330 3 $aThis paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect the economic cycle only through their impact on fiscal policy. Once fiscal policy changes are removed, oil price shocks do not have a significant independent effect on the economic cycle.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2008/253
606   $aFiscal policy$xEconometric models
606   $aBusiness cycles$xEconometric models
606   $aPetroleum industry and trade$xEconometric models
606   $aInvestments: Energy$2imf
606   $aMacroeconomics$2imf
606   $aPublic Finance$2imf
606   $aEnergy: Demand and Supply$2imf
606   $aPrices$2imf
606   $aFiscal Policy$2imf
606   $aNational Government Expenditures and Related Policies: General$2imf
606   $aEnergy: General$2imf
606   $aPublic finance & taxation$2imf
606   $aInvestment & securities$2imf
606   $aOil prices$2imf
606   $aFiscal policy$2imf
606   $aFiscal stance$2imf
606   $aExpenditure$2imf
606   $aOil$2imf
606   $aExpenditures, Public$2imf
606   $aPetroleum industry and trade$2imf
607   $aSaudi Arabia$2imf
615  0$aFiscal policy$xEconometric models.
615  0$aBusiness cycles$xEconometric models.
615  0$aPetroleum industry and trade$xEconometric models.
615  7$aInvestments: Energy
615  7$aMacroeconomics
615  7$aPublic Finance
615  7$aEnergy: Demand and Supply
615  7$aPrices
615  7$aFiscal Policy
615  7$aNational Government Expenditures and Related Policies: General
615  7$aEnergy: General
615  7$aPublic finance & taxation
615  7$aInvestment & securities
615  7$aOil prices
615  7$aFiscal policy
615  7$aFiscal stance
615  7$aExpenditure
615  7$aOil
615  7$aExpenditures, Public
615  7$aPetroleum industry and trade
676   $a336.3015195
700   $aTazhibayeva$b Kamilya$01706800
701   $aHusain$b Aasim$01685913
701   $aTer-Martirosyan$b Anna$01706801
801  0$bDcWaIMF
906   $aBOOK
912   $a9910827362003321
996   $aFiscal Policy and Economic Cycles in Oil-Exporting Countries$94094534
997   $aUNINA