Add to ORKGRecessions are associated with both rising oil prices and increases in the federal funds rate. Are recessions caused by the spikes in oil prices or by the sharp tightening of monetary policy? This paper discusses the difficulties in disentangling these two effects.Petroleum products - Prices ; Monetary policy ; Business cycles
For various reasons, oil-price increases may lead to significant slowdowns in economic growth. Five ...
The paper presents a theory of nominal asset prices for competitively owned oil. Focusing on monetar...
Abstract: One of the central questions in recent macroeconomic history is to what extent monetary po...
Recessions are associated with both rising oil prices and increases in the federal funds rate. Are r...
How should monetary authorities react to an oil price shock? This paper argues that a meaningful tra...
Recent movements in oil prices on international markets have generated many comments on the role tha...
The oil price hit a low of around USD 10 at the end of 1999. Since then it has moved upwards in a se...
Although oil price shocks have long been viewed as one of the leading candidates for explaining U.S....
A recent paper by Bernanke, Gertler and Watson (1997) suggests that monetary policy could be used to...
Modeling crude oil volatility is of substantial interest for both energy researchers and policy make...
Two empirical relationships about the effect of oil prices on the U.S. economy are well accepted. T...
Abstract: Since Bernanke, Gertler and Watson (1997), a common view in the literature has been that s...
The oil price shock is considered as a major contributor to economic fluctuation. In this paper, we ...
The paper presents a theory of nominal asset prices for competitively owned oil. Focusing on monetar...
<p>This dissertation is comprised of two chapters. In the first chapter, I investigate the role of s...
For various reasons, oil-price increases may lead to significant slowdowns in economic growth. Five ...
The paper presents a theory of nominal asset prices for competitively owned oil. Focusing on monetar...
Abstract: One of the central questions in recent macroeconomic history is to what extent monetary po...
Recessions are associated with both rising oil prices and increases in the federal funds rate. Are r...
How should monetary authorities react to an oil price shock? This paper argues that a meaningful tra...
Recent movements in oil prices on international markets have generated many comments on the role tha...
The oil price hit a low of around USD 10 at the end of 1999. Since then it has moved upwards in a se...
Although oil price shocks have long been viewed as one of the leading candidates for explaining U.S....
A recent paper by Bernanke, Gertler and Watson (1997) suggests that monetary policy could be used to...
Modeling crude oil volatility is of substantial interest for both energy researchers and policy make...
Two empirical relationships about the effect of oil prices on the U.S. economy are well accepted. T...
Abstract: Since Bernanke, Gertler and Watson (1997), a common view in the literature has been that s...
The oil price shock is considered as a major contributor to economic fluctuation. In this paper, we ...
The paper presents a theory of nominal asset prices for competitively owned oil. Focusing on monetar...
<p>This dissertation is comprised of two chapters. In the first chapter, I investigate the role of s...
For various reasons, oil-price increases may lead to significant slowdowns in economic growth. Five ...
The paper presents a theory of nominal asset prices for competitively owned oil. Focusing on monetar...
Abstract: One of the central questions in recent macroeconomic history is to what extent monetary po...