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U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation … in the real price of oil. That link, however, appears largely driven by common macroeconomic determinants of the prices … little to U.S. retail food price increases, because of the small cost share of agricultural products in food prices. There is …
Persistent link: https://www.econbiz.de/10010225465
driver of the real price of oil. The focus of this paper is not only on correcting some misunderstandings in the recent …
Persistent link: https://www.econbiz.de/10012822493
driver of the real price of oil. The focus of this paper is not only on correcting some misunderstandings in the recent …
Persistent link: https://www.econbiz.de/10014048765
U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation … in the real price of oil. That link, however, appears largely driven by common macroeconomic determinants of the prices … little to U.S. retail food price increases, because of the small cost share of agricultural products in food prices. There is …
Persistent link: https://www.econbiz.de/10010200873
Persistent link: https://www.econbiz.de/10010459743
Persistent link: https://www.econbiz.de/10010206780
Persistent link: https://www.econbiz.de/10011447964
exports, and on the global price of crude oil. First, I investigate the extent to which this oil boom has caused Arab oil … products made from domestically produced crude oil have caused Arab oil exports to the rest of the world to decline. Third, the … article quantifies by how much increased U.S. tight oil production has lowered the global price of oil. Using a novel …
Persistent link: https://www.econbiz.de/10011422578
Persistent link: https://www.econbiz.de/10011793068
Baumeister and Hamilton (2019a) assert that every critique of their work on oil markets by Kilian and Zhou (2019a) is without merit. In addition, they make the case that key aspects of the economic and econometric analysis in the widely used oil market model of Kilian and Murphy (2014) and its...
Persistent link: https://www.econbiz.de/10012119530