Inflation Differentials in the GCC : Does the Oil Cycle Matter?

Does the Oil Cycle Matter?

Inflation Differentials in the GCC : Does the Oil Cycle Matter?
This paper uses a pairwise approach to investigate the main factors that have been driving inflation differentials in the Gulf Cooperation Council (GCC) region for the past two decades. The results suggest that inflation differentials in the GCC are largely influenced by the oil cycle, mainly through the credit and fiscal channels. This implies... READ MORE...

Publication date: December 2011
ISBN 9781463927288
$18.00

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