Transmission of United States Monetary Policy Shocks to Oil Exporting Countries: A Vector Error Correction Approach to Mundellian Trilemma

<p>In this article we test the hypothesis of oil price channel of US monetary policy transmission to oil-exporting countries under floating exchange rate regime and free capital mobility. On the example of Russia, using quarterly data for the period from 2000 to 2016, we study the long-term an...

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Bibliographic Details
Main Author: Dmitry Burakov
Format: Article
Language:English
Published: EconJournals 2017-09-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/5121