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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Dettagli Bibliografici
Autore principale: Isard, Peter
Altri autori: Hunt, Benjamin, Laxton, Douglas
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/014
Accesso online:Full text available on IMF