How Does Monetary Policy Affect Economic Vulnerability to Oil Price Shock as against US Economy Shock?
This paper investigates the role of the monetary policy in protecting the economy against the external shocks of US output and oil price during the 2007-2009 financial crisis. It also considers economic vulnerability caused by these external shocks after the crisis abated. The application of the str...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354526?publisher=http-www-cag-edu-tr-ilhan-ozturk |