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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Библиографические подробности
Главный автор: Isard, Peter
Другие авторы: Hunt, Benjamin, Laxton, Douglas
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2001.
Серии:IMF Working Papers; Working Paper ; No. 2001/014
Online-ссылка:Full text available on IMF