Oil shocks and the macro-economy: a comparison across high oil price periods

Autor:	Rebeca Jiménez-Rodríguez, Marcelo Sánchez
Rok vydání:	2009
Předmět:	Inflation Microeconomics Economics and Econometrics media_common.quotation_subject Economics Spike (software development) Monetary economics Macro economy Oil price media_common
Zdroj:	Applied Economics Letters. 16:1633-1638
ISSN:	1466-4291 1350-4851
Popis:	Oil prices are found to exert nonlinear effects on major advanced economies. Real output's reaction is much more visible during the periods of high oil prices of the mid-1970s and early 1980s. Oil prices have had inflationary consequences in several economies not only in those two periods, but also during the spike of 1990. There is also evidence that inflation has picked up in some economies as a result of the oil price hikes of 1999–2000, and even more recently in the case of the US.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d9d58eab1bcdf5bbbe923d330f6d5248 https://doi.org/10.1080/13504850701604086 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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