| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055495 | Economic Modelling | 2012 | 9 Pages |
Abstract
⺠We use simulations from a two-region, multiple-sector dynamic model. ⺠We show a fall in the interest rate can lead to a rise in the oil price. ⺠The direction of this correlation is consistent with empirical evidence. ⺠This fall is consistent with a historical decomposition as well.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Vipin Arora, Rod Tyers,