Showing 1 - 10 of 1,104
inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather … quickly. However, the short-run effects on headline inflation would be sizable. For example, on a year-over-year basis …
Persistent link: https://www.econbiz.de/10013312058
There has been much interest in the relationship between the price of crude oil, the value of the U.S. dollar, and the U.S. interest rate since the 1980s. For example, the sustained surge in the real price of oil in the 2000s is often attributed to the declining real value of the U.S. dollar as...
Persistent link: https://www.econbiz.de/10012892101
market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …
Persistent link: https://www.econbiz.de/10012908608
economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment, inflation and the …
Persistent link: https://www.econbiz.de/10010281454
We study the efficacy of releases from the U.S. Strategic Petroleum Reserve (SPR) within the context of fully specified models of the global oil market that explicitly allow for storage demand as well as unanticipated changes in the SPR. Using novel identifying strategies and evaluation methods,...
Persistent link: https://www.econbiz.de/10012865918
, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period …
Persistent link: https://www.econbiz.de/10014080051
This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …
Persistent link: https://www.econbiz.de/10013227601
In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed to central banks’ asset-purchase programs reduce their lending to the real economy by more than their counterparts. When banks face a lower bound on customer deposit rates, an...
Persistent link: https://www.econbiz.de/10013323089
using county-level panel data in the United States. Using data on foot traffic and K-12 school opening plans, we analyze how … related to the 2-weeks forward growth rate of confirmed COVID-19 cases. Our debiased panel data regression analysis with a set …
Persistent link: https://www.econbiz.de/10013239567
of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized … controlled trial using more than 25,000 U.S. individuals in the Nielsen Homescan panel. We elicit individuals' expectations and … then provide 22 different forms of information regarding past, current and/or future inflation and interest rates …
Persistent link: https://www.econbiz.de/10012840692