The Macroeconomic Effects of Higher Oil Prices /

The paper uses MULTIMOD to analyze the macroeconomic effects of oil price shocks, distinguishing between temporary, more persistent, and permanent shocks. It provides perspectives on several findings in the literature and the key role of monetary policy in influencing macroeconomic outcomes. Specifi...

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Détails bibliographiques
Auteur principal: Isard, Peter
Autres auteurs: Hunt, Benjamin, Laxton, Douglas
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2001.
Collection:IMF Working Papers; Working Paper ; No. 2001/014
Accès en ligne:Full text available on IMF