Rafiq, Sohrab - In: Economica 81 (2014) 322, pp. 293-310
type="main" xml:id="ecca12076-abs-0001" <p>We investigate the effect of oil price shocks on UK inflation using a time-varying vector autoregression with stochastic volatility. The estimates show that the oil price–inflation pass-through declined from the early 1980s until the mid/late 1990s....</p>
