inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil …Predictions of oil prices reaching $100 per barrel during the winter of 2021/22 have raised fears of persistently high … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

production volatility, significantly increases the responsiveness of oil prices to oil shocks. This implies a lower price … volatility. Also the impact of oil shocks on economic activity appears to be significantly stronger in uncertain times. -- oil …This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a …

volatility to estimate the changing spillover of global oil shocks into the Maltese economy during the period that goes from … prices. The results evidence how Great Recession and COVID-19 pandemic are associated with higher inflation responsiveness …. Notwithstanding, the response of energy inflation gradually declines and, as a consequence, the medium-term pass-through from …

importance. This paper presents a comprehensive examination of the effects of oil price shocks on real economic activity in the … EM7 economies in the context of two classes of empirical models. In general, we find that oil price uncertainty has … statistically significant effects on the real output of the EM7 economies and that the relationship between oil prices and economic …

that the oil price passes through core inflation only via its effect on the whole economy. This pass-through is estimated …We estimate the oil price pass-through into consumer prices both in the US and in the euro area. In particular, we … disentangle the specific effect that an oil price change might have on each disaggregate price, from the effect on all prices that …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

Recent energy and food price surges, in the wake of Russia’s invasion of Ukraine, have exacerbated inflation pressures … that are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

Recent energy and food price surges, in the wake of Russia's invasion of Ukraine, have exacerbated inflation … pressuresthat are unusually high by the standards of the past two decades. High and rising inflation has prompted many emerging …. Inflation is expected to ease back towards targets over the medium-term as recent shocks unwind, but the 1970s experience is a …

across the sample. Evidence in favour of a diminishing effect of oil price shocks on the output and inflation is found from … the oil price movements could explain at least some of the recent inflation, the main difference between these outcomes …This paper analyses the impact of oil both price shocks on the GDP and prices in the Spanish economy and its seventeen …

The paper estimates the effect of oil price fluctuations on GDP growth, using linear and nonlinear VAR models with data … the oil-to-energy share, which weakens the causal effect of oil prices on economic growth. A consideration of the … relationship of oil prices and GDP over 44 years confirms the exclusion of symmetry of previous studies. Moreover, the paper …