Cebula, Richard J.; Foley, Maggie; Smith, Matthew - In: Economia Internazionale / International Economics 67 (2014) 4, pp. 449-455
This empirical note provides updated empirical evidence regarding whether a higher inflation rate of real prices on crude oil and whether real oil price shocks led to higher domestic inflation in the U.S. over the 1965-2012 period. Using autoregressive two stage least squares estimation, the...
