This paper investigates the inflation effects of oil price expectations shocks constructed as functional shocks, i … concerning the impact of oil price expectations on inflation and inflation expectations. ….e. as shifts in the entire oil futures term structure (both standard and risk-adjusted). The latter are then included in a …

in global inflation. Second, the contribution of global demand and oil price shocks increased over time, from 56 percent …, global demand and oil price shocks have accounted for most of the variation in global inflation. Finally, oil price shocks …This paper examines the drivers of fluctuations in global inflation, defined as a common factor across monthly headline …

Hurricanes disrupt oil production in the Gulf of Mexico because producers shut in oil platforms to safeguard lives and … prevent damage. We examine the effects of these temporary oil supply shocks on real economic activity in the United States. We … find no evidence that temporary oil supply shocks affect state-level employment or indirectly affect industrial production …

pass-through of the price of crude oil or the price of motor gasoline to U.S. inflation. Neither approach accounts for the … fact that percent changes in refined product prices need not be proportionate to the percent change in the price of oil …, that not all energy is derived from oil, and that the correlation of price shocks across energy markets is far from one …

typical economy. Oil price shocks accounted for only about 4 percent of inflation variation, but they had a statistically … inflation variation over time. The share of inflation variance caused by oil price shocks increased from 4 percent prior to 2000 …-2021 and mid-2022. Finally, oil price shocks tended to contribute significantly more to inflation variation in advanced …

typical economy. Oil price shocks accounted for only about 4 percent of inflation variation, but they had a statistically … inflation variation over time. The share of inflation variance caused by oil price shocks increased from 4 percent prior to 2000 …-2021 and mid-2022. Finally, oil price shocks tended to contribute significantly more to inflation variation in advanced …

pass-through of the price of crude oil or the price of motor gasoline to U.S. inflation. Neither approach accounts for the … fact that percent changes in refined product prices need not be proportionate to the percent change in the price of oil …, that not all energy is derived from oil and that the correlation of price shocks across energy markets is far from one …

and inflation dynamics in Europe. Specifically, we include in our specification two separate energy markets (oil and … natural gas) and two target macroeconomic variables, measuring inflation expectations and the realized headline inflation. Our … results demonstrate that, during the last year, inflation in the Euro area is more affected from energy price shocks …

This article aims to assess the extent of oil price pass-through into disaggregated consumer prices in Turkey in a time …-varying framework. For this purpose, pass-through coefficients are computed based on the TVP-VAR model with stochastic volatility by … Primiceri (2005). The results suggest that (a) oil prices have a significant impact on wholesale and consumer prices; (b) the …