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Oil price shocks and macroeconomic dynamics in an oil-exporting emerging economy : a New Keynesian DSGE approach

Oladunni, Sunday - In: CBN journal of applied statistics 11 (2020) 1, pp. 1-34

a new Keynesian dynamic stochastic general equilibrium (DSGE) model to study how an oil price shock impact macroeconomic … aggregates in an oil-rich emerging economy. We consider a positive oil price shock to uncover the extent to which oil price … oil price shock, reveal evidence of Dutch disease and the operation of the Harrod-Balassa-Samuelson effect. We find a …

Persistent link: https://www.econbiz.de/10012297450

Oil and macroeconomic (in)stability

Bjørnland, Hilde Christiane; Larsen, Vegard Høghaug; … - 2017

Persistent link: https://www.econbiz.de/10012201125

Oil and Macroeconomic Uncertainty

Bastianin, Andrea - 2015

In this article we discuss the concepts of macroeconomic uncertainty, oil price uncertainty and oil price shocks. Given the relevance of oil and macroeconomic uncertainty in both academic research and the political sphere, we illustrate how economic uncertainty can be operationally defined and...

Persistent link: https://www.econbiz.de/10013018964

Oil Market Shocks and the Economy in a Quarterly Structural Vector Error Correction Model of the United States Economy

Oladosu, Gbadebo - 2018

oil price shock has a range of -0.04 to -0.004 with a mean of -0.02 about three years after the initial shock. The impacts … to an oil price shock has a range of -0.06 to -0.02 with a mean of -0.04, and the global oil supply elasticity under the … global oil demand shock has a range of 0.10 to 0.2 with a mean of 0.11. These findings show that supply, demand and non …

Persistent link: https://www.econbiz.de/10012937516

Macroeconomic effects of demand and supply shocks in the global oil price on the Vietnamese economy

Thuy Hang Duong - In: International journal of energy sector management 18 (2024) 1, pp. 119-140

Persistent link: https://www.econbiz.de/10014461574

Una discriminazione tra shock da domanda e shock da offerta nel settore manifatturiero italiano

Massidda, Carla - In: Rivista internazionale di scienze economiche e … 42 (1995) 7, pp. 589-618

Persistent link: https://www.econbiz.de/10001190489

Nominal shocks, net worth and economic activity : a new Keynesian view of the monetary transmission mechanism

Delli Gatti, Domenico; Gallegati, Mauro - In: Financial constraints and markets failures : the …, (pp. 207-236). 1999

Persistent link: https://www.econbiz.de/10001555130

Business Cycles, Investment Shocks, and the "Barro-King" Curse

Ascari, Guido - 2017

short-run contractionary effect a positive investment shock on consumption. Such counterfactual co-movements are typical of … on impact of a positive investment shock …

Persistent link: https://www.econbiz.de/10012966936

Ambiguous Business Cycles

Ilut, Cosmin L. - 2012

This paper considers business cycle models with agents who dislike both risk and ambiguity (Knightian uncertainty). Ambiguity aversion is described by recursive multiple priors preferences that capture agents' lack of confidence in probability assessments. While modeling changes in risk...

Persistent link: https://www.econbiz.de/10013109445

CBDC and Business Cycle Dynamics in a New Monetarist New Keynesian Model

Assenmacher, Katrin; Bitter, Lea; Ristiniemi, Annukka - 2023

To study implications of an interest-bearing CBDC on the economy, we integrate a New Monetarist-type decentralised market that explicitly accounts for the means-of-exchange function of bank deposits and CBDC into a New Keynesian model with financial frictions. The central bank influences the...

Persistent link: https://www.econbiz.de/10014354929