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 …

States and the euro area. For many of the basic items in the basket of goods used to estimate inflation, the effects of oil …This work estimates the effect that fluctuations in oil prices have on changes in consumer prices in both the United … factors which are in turn connected with changes in oil prices. The results show that changes in oil prices mainly pass …

NARDL model suggest evidence of the asymmetric impact of oil price change on both aggregated and disaggregated inflation …-indexes of inflation, suggesting that oil price changes affect the transport sector more than the other sectors of an economy …Numerous studies have examined the impact of changes in oil price on economic activities in both developing and …

Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this … paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the … distinction between energy and non-energy inflation. To this end, we fit econometric models to measure the effect of oil price …

Do inflation expectations and the associated pass-through of oil price shocks depend on demand and supply conditions … underlying the global market for crude oil? We answer this question with a novel structural vector autoregressive model of the … global oil market that jointly identifies transmissions of oil demand and supply shocks through the real price of oil to both …