01559cas a2200241 a 4500 AALejournalIMF016618 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498330329 1018-5941 BD-DhAAL BD-DhAAL Miyajima, Ken. An Empirical Investigation of Oil-Macro-Financial Linkages in Saudi Arabia / Ken Miyajima. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Oil-macro-financial linkages in Saudi Arabia are analyzed by applying panel econometric frameworks (multivariate and vector autoregression) to maceoeconomic and bank-level balance sheet data for 9 banks spanning 1999-2014. Lower growth of oil prices and non-oil private sector output leads to slower credit and deposit growth and higher nonperforming loan ratios, with feedback loops within bank balance sheets which in turn dampens economic activity. U.S. interest rates are not found to be a key determinant. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2016/022 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/022/001.2016.issue-022-en.xml IMF e-Library