vulnerable to oil prices shocks in terms of their adverse effects on GDP, inflation and balance of trade. The dependence of …This study analyses the implications of oil prices shocks for the BRICS economies. We employed a time …. The key findings suggest that there are substantial differences and asymmetries in the response of these economies to oil …

price changes, asymmetric transformations of oil price changes, oil price volatility, and oil supply conditions. We measure …. Fourth, positive oil price changes, net oil price increases and oil price volatility are the oil shock definitions which … in general not satisfactory. We extend these models to verify if the inclusion of asymmetric oil shocks as an exogenous …

achieved by maximization of utility subject to budget constraint. An increase in inflation that is not accompanied by … about inflation which in turn requires appropriate modelling of inflationary behavior. This study assesses efficacies of … different versions of new Keynesian Phillips curve for capturing dynamics of CPI inflation. Estimation of different formulations …

link between oil shocks and the volatility of economic growth. A new measure of oil shocks is developed and shown to be … volatility to oil price changes. Uncertainty about future growth is considerably lower compared to a benchmark AR(1) model when …This paper shows that oil shocks primarily impact economic growth through the conditional variance of growth. Our …

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 …This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a …

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 …This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a …

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 …This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a …

We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the … near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR …) model. We report three main results. First, the decline in global inflation during the 2020 global recession was the most …

supply side of the global oil market by focusing on structural changes in each of the three main oil-producing countries. The … demand side has responded to geopolitical developments by devising a set of policy tools to stabilize oil markets and counter … inflationary pressures. In particular, the price cap policy was introduced to supplement the EU embargo on seaborne Russian oil …

thisstudy recommend partial deregulation of energy price should be maintained. Estab-lishing oil price -inflation pass …This study investigates the responses of consumer price index (CPI) to crude oil priceshocks in the pre- and post-2008 … 2019M12.The impulse response analysis showed that for pre and post-crisis periods, oil priceshocks have a positive impact …