Optimal simple monetary policy response to oil-price shocks in an oil-importing small open economy: The case of the Philippines
Many small economies are reliant on imported oil for economic activities. Hence, these economies are susceptible to the recessive effects of oil price shocks, particularly positive shocks. The analyses on optimal monetary policy in the face of unanticipated changes in real oil prices have so far bee...
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| Format: | text |
| Language: | English |
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Animo Repository
2019
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| Online Access: | https://animorepository.dlsu.edu.ph/etd_masteral/7163 |
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| Institution: | De La Salle University |
| Language: | English |