A Macroeconomic Analysis of the U.S. Crude Oil Export Ban

摘要

1. Oil boom brought crude export ban into limelight.2. Although the export ban is now lifted, our goal is to analyze how thecrude oil export ban impacted the oil market and the global economyin a macroeconomic framework.3. What could be the implications of lifting the ban for the oil marketsand the macroeconomy?4. Our contribution will be analyzing the issue within a two-countryDSGE framework with endogenous oil and product prices and adetailed refining sector.