The impact of oil shocks in a small open economy new-Keynesian dynamic stochastic general equilibrium model for an oil-importing country: The case of South Africa

This article studies the effects of foreign (real) oil price shocks on key macroeconomic variables for South Africa: a net-importer of oil. We develop and estimate a small open economy New-Keynesian dynamic stochastic general equilibrium model with a role for oil in consumption and production. The s...

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Bibliographic Details

Main Authors:	Hylton Hollander, Rangan Gupta, Mark Wohar
Format:	Default Article
Published:	2018
Subjects:	Other commerce, management, tourism and services not elsewhere classified DSGE model Oil shocks Small open economy South Africa Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/35671
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