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...
Main Author: | |
---|---|
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 |