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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Bibliografiske detaljer
Hovedforfatter: Isard, Peter
Andre forfattere: Hunt, Benjamin, Laxton, Douglas
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2001.
Serier:IMF Working Papers; Working Paper ; No. 2001/014
Online adgang:Full text available on IMF