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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Detalhes bibliográficos
Autor principal: Isard, Peter
Outros Autores: Hunt, Benjamin, Laxton, Douglas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2001.
Colecção:IMF Working Papers; Working Paper ; No. 2001/014
Acesso em linha:Full text available on IMF