Second-Round Effects of Oil Price Shocks - Implications for Europe's Inflation Outlook /

The pass-through effects of oil price shocks on wage and consumer price inflation vary with the states or structural characteristics of an economy. The effects have declined over time in Europe and been higher in emerging European economies than in advanced economies. The pass-through to wages is fo...

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Bibliographic Details
Main Author: Baba, Chikako
Other Authors: Lee, Jaewoo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/173
Subjects:
Online Access:Full text available on IMF