Showing 1 - 10 of 3,591
Persistent link: https://www.econbiz.de/10003750610
following the slump points to the accommodation of the shock by the ECB, concurrent with the implementation of the Quantitative …
Persistent link: https://www.econbiz.de/10011451685
The aim of this paper is to investigate how major net oil exporter economies react to oil price shocks. We contribute to the literature by considering, at the same time, the possible nonlinearity and asymmetry of this relationship with respect to sign, size and causes of the oil price shocks, as...
Persistent link: https://www.econbiz.de/10012519959
find that an adverse oil supply shock has a negative effect on stock prices when oil inflation is low. In contrast, this … rates encourage firms to get highly leveraged. A negative oil shock in this scenario leads to a substantial increase in … shock, ameliorating the impact on the stock market. …
Persistent link: https://www.econbiz.de/10011895018
international to domestic energy prices decreases from 1% to virtually zero in response to a shock rising real oil prices by 10 …
Persistent link: https://www.econbiz.de/10014380679
Persistent link: https://www.econbiz.de/10003830707
This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of countries covering all regions and a broad range of...
Persistent link: https://www.econbiz.de/10012677694
structural shock that we label expectational shock. This shock plays a crucial role when describing the series of events that …
Persistent link: https://www.econbiz.de/10013254444
Persistent link: https://www.econbiz.de/10008688576
shock has remained fairly stable. Simulations from a non-linear DSGE model suggest that these empirical results are …
Persistent link: https://www.econbiz.de/10010472799