16  BIS Review 9/2008  IMF (2006) World Economic Outlook, October. IMF (2006) World Economic Outlook, April. RBNZ (2007) Finance and Expenditure Select Committee Inquiry into the Future Monetary Policy Framework – Submission by the Reserve Bank of New Zealand, July. RBNZ (2007) Monetary Policy Statement, December. Sill, K. (2007) “The Macroeconomics of Oil Shocks” Philadelphia Federal Reserve Business Review Q1, p. 21-31.
Stock, J. and M. Watson (2002) “Has the business cycle changed and why”, NBER Working Paper 9127. BIS Review 9/2008  17