Showing 41 - 50 of 255,722
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
Persistent link: https://www.econbiz.de/10011729897
Persistent link: https://www.econbiz.de/10011731067
shows that world oil prices play an important role in the appreciation of the exchange rates of oil-exporting developing … increasing importance of these economies in the world’s energy markets, this paper examines the role of oil prices in the …
Persistent link: https://www.econbiz.de/10011753820
Persistent link: https://www.econbiz.de/10011954299
Persistent link: https://www.econbiz.de/10012437099
Persistent link: https://www.econbiz.de/10014249887
I estimate a dynamic stochastic general equilibrium (DSGE) model for the United States that incorporates oil market shocks and risk shocks working through credit market frictions. The findings of this analysis indicate that risk shocks play a crucial role during the Great Recession and the...
Persistent link: https://www.econbiz.de/10014474905
This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing and exporting countries. Specifically, we analyze the effects of oil prices on the consumer price index using monthly data spanning the July 2009 to February 2021 period. Two...
Persistent link: https://www.econbiz.de/10014451998
This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing and exporting countries. Specifically, we analyze the effects of oil prices on the consumer price index using monthly data spanning the July 2009 to February 2021 period. Two...
Persistent link: https://www.econbiz.de/10014454468