Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Oil Price Shocks and Macroeconomic Fundamentals of Oman Economy

Oil Price Shocks and Macroeconomic Fundamentals of Oman Economy

Hakro, Ahmed Nawaz
Omezzine, Abdallah Mohammed

Paperback

Business General

ISBN10: 6209636748
ISBN13: 9786209636745
Publisher: LAP Lambert Academic Publishing
Published: Feb 27 2026
Pages: 120
Weight: 0.38
Height: 0.28 Width: 6.00 Depth: 9.00
Language: English
Changes in global oil prices specially in pegged exchange regimes such as of Sultanate of Oman has resulted an appreciation in exchange rates and an import inflation. This study is designed to investigate effects of global oil prices on macroeconomic fundamentals of Oman Economy. Structural Vector Auto Regression (SVAR) model is used with Impulse Response Functions and Variance Decompositions. Evidence suggests oil price shocks significantly affect output, external balances and real effective exchange rate. Impulse response functions and variance decompositions functions suggest the level of shocks on output, price and exchange rates. The external shocks influence the demand management policies both in short and long run by putting pressure on monetary and fiscal variables to anchor inflationary expectations. The long run changes in oil prices seems determining the factors of output and in subsequent changes in fiscal and monetary policy responses which served well in containing the inflationary expectations in Oman and by maintaining the positive external balances.

Also from

Hakro, Ahmed Nawaz

View All

Also in

Business General

View All