| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16052 |
| 来源ID | Working Paper 16052 |
| External Capital Structures and Oil Price Volatility | |
| John D. Burger; Alessandro Rebucci; Francis E. Warnock; Veronica Cacdac Warnock | |
| 发表日期 | 2010-06-03 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We assess the extent to which a country's external capital structure can aid in mitigating the macroeconomic impact of oil price shocks. We study two Caribbean economies highly vulnerable to oil price shocks, an oil-importer (Jamaica) and an oil-exporter (Trinidad and Tobago). From a risk-sharing perspective, a desirable external capital structure is one that, through international capital gains and losses, helps offset responses of the current account balance to external shocks. We find that both countries could alter their international portfolio to provide a more effective buffer against such shocks. |
| 主题 | International Economics ; International Finance ; Financial Economics ; Financial Markets |
| URL | https://www.nber.org/papers/w16052 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573727 |
| 推荐引用方式 GB/T 7714 | John D. Burger,Alessandro Rebucci,Francis E. Warnock,et al. External Capital Structures and Oil Price Volatility. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16052.pdf（424KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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