 | U.S. Monetary Policy Spillovers to GCC Countries: Do Oil Prices Matter? Author/Editor: Olumuyiwa S Adedeji, Erik Roos, Sohaib Shahid, Ling Zhu. Release Date:December, 2019 This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The potential channels more...
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| Saudi's Growth and Financial Spillovers to Other GCC Countries: An Empirical Analysis Author/Editor: Olumuyiwa S Adedeji, Sohaib Shahid, Ling Zhu. Release Date:December, 2018 This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from Saudi Arabia to Bahrain are found to be sizeable and statistically significant, more...
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| Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought Author/Editor: Armand Fouejieu, Sergio Rodriguez, Sohaib Shahid. Release Date:June, 2018 This paper estimates fiscal multipliers for the Gulf Cooperation Council (GCC) countries. Using OLS panel fixed effects on a sample of six countries from 1990-2016, results indicate that GCC fiscal more...
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