Browse by Author "Abadi, Majid Mohammadi Hossein"
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The Response of Macro Variables of Emerging and Developed Oil Importers to Oil Price Movements
Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Abadi, Majid Mohammadi Hossein; Farboudmanesh, Rosa (Asian Development Bank Institute, 2015-06-30)This paper assesses the impact of crude oil price movements on two macro variables—the gross domestic product (GDP) growth rate and consumer price index inflation rate—in the developed economies of the United States and Japan, and an emerging economy, the People’s Republic of China (PRC). These countries were chosen for this research because they are the world’s three largest oil consumers. The main ...This paper assesses the impact of crude oil price movements on two macro variables—the gross domestic product (GDP) growth rate and consumer price index inflation rate—in the developed economies of the United States and Japan, and an emerging economy, ...