Oil prices and inflation dynamics: Evidence from advanced and developing economies
Tóm tắt
Từ khóa
Tài liệu tham khảo
Álvarez, 2011, The impact of oil price changes on Spanish and euro area consumer price inflation, Econ. Model., 28, 422, 10.1016/j.econmod.2010.08.006
Auerbach, 2013, Output spillovers from fiscal policy, Am. Econ. Rev., 103, 141, 10.1257/aer.103.3.141
Blanchard, Olivier J., Gali Jordi, 2007. The Macroeconomic Effects of Oil Shocks: Why are the 2000s So Different from the 1970s? No. w13368. National Bureau of Economic Research.
Baumeister, 2013, Time-varying effects of oil supply shocks on the US economy, Am. Econ. J.: Macroecon., 5, 1
Alan S. Blinder Jeremy B. Rudd The supply-shock explanation of the Great Stagflation revisited The Great Inflation: The Rebirth of Modern Central Banking 2012 University of Chicago Press 119 175
Chen, 2009, Oil price pass-through into inflation, Energy Econ., 31, 126, 10.1016/j.eneco.2008.08.006
Crowe, 2007, The evolution of central bank governance around the world, J. Econ. Perspect., 69, 10.1257/jep.21.4.69
Cukierman, 1992, Measuring the independence of central banks and its effect on policy outcomes, World Bank Econ. Rev., 6, 353, 10.1093/wber/6.3.353
De Gregorio, 2007, Another pass-through bites the dust? Oil prices and inflation [with comments], Economia, 155
Dincer, 2014, Central bank transparency and independence: updates and new measures, Int. J. Cent. Bank., 10, 189
Dreher, 2008, Does high inflation cause central bankers to lose their job? Evidence based on a new data set”, Eur. J. Polit. Econ., 24, 778, 10.1016/j.ejpoleco.2008.04.001
Furceri, 2016, Global food prices and domestic inflation: some cross-country evidence, Oxford Econ. Pap., 68, 665, 10.1093/oep/gpw016
Gali, 2009, On the sources of the great moderation, Am. Econ. J.: Macroecon., 1, 26
Gelos, 2017, Inflation responses to commodity price shocks–How and why do countries differ, J. Int. Money Fin., 72, 28, 10.1016/j.jimonfin.2016.10.001
Habermeier Karl, et al., 2009. Inflation Pressures and Monetary Policy Options in Emerging and Developing Countries-A Cross Regional Perspective. IMF Working Papers, pp. 1–78.
International Monetary Fund (IMF), 2015
Jorda, 2005, Estimation and inference of impulse responses by local projections, Am. Econ. Rev., 95, 161, 10.1257/0002828053828518
Kilian, 2009, Not all oil price shocks are alike: disentangling demand and supply shocks in the crude oil market, Am. Econ. Rev., 1053, 10.1257/aer.99.3.1053
LeBlanc, 2004, Do high oil prices presage inflation? The evidence from G-5 countries, Bus. Econ., 39, 38
Levin, Andrew T., Natalucci, Fabio M., Piger, Jeremy M., 2004. The macroeconomic effects of inflation targeting. Federal Reserve Bank St. Louis Rev. 86(July/August), 51–80.
Loungani Prakash, Swagel Phillip, 2001. Sources of Inflation in Developing Countries, IMF Working Paper 01/198. International Monetary Fund, Washington.
Mork Knut Anton, 1989. Oil and the macroeconomy when prices go up and down: an extension of Hamilton’s results. J. Polit. Econ. 740–744.
Nakamura Emi, Steinsson Jón, 2017. Identification in Macroeconomics. No. w23968. National Bureau of Economic Research.
Peersman, 2012, Cross-country differences in the effects of oil shocks, Energy Econ., 34, 1532, 10.1016/j.eneco.2011.11.010
Stock, 2007, Why has U.S. inflation become harder to forecast, J. Money, Credit Bank., 39, 3, 10.1111/j.1538-4616.2007.00014.x
Taylor, 2000, Low inflation, pass-through, and the pricing power of firms, Euro. Econ. Rev., 44, 1389, 10.1016/S0014-2921(00)00037-4
Teulings, 2014, Is economic recovery a myth? Robust estimation of impulse responses, J. Appl. Economet., 29, 497, 10.1002/jae.2333