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Is refined oil price regulation a “shock absorber” for crude oil price shocks?
Energy Policy, 2023Qi Zhang +3 more
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Oil price shocks and the macroeconomy
Oxford Review of Economic Policy, 2011This paper examines the impact of oil price shocks and attempts to explain why the rise in oil prices up to 2008 had little impact on the world economy. It makes three main arguments. First, that oil prices have never been as important as is popularly thought.
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Oil price shocks and inflation [PDF]
This Economic Letter examines the historical relationship between oil price shocks and inflation in light of some recent research and goes on to discuss what the recent jump in oil prices might mean for inflation in the future.
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Oil Price Shocks: Causes and Consequences
Annual Review of Resource Economics, 2014Research on oil markets conducted during the last decade has challenged long-held beliefs about the causes and consequences of oil price shocks. As the empirical and theoretical models used by economists have evolved, so has our understanding of the determinants of oil price shocks and of the interaction between oil markets and the global economy ...
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Macroeconomic Effects of Oil Price Shocks
2009After reaching a 25-year low in February 1999, oil prices have sharply been rising over the next more than a half decade. Recently, the international price of oil has breached the US$150 mark. Given the macroeconomic developments that followed the oil shocks of the 1970s, the substantial rise in oil prices since 1999 has generated concerns about the ...
Surender Kumar, Shunsuke Managi
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Oil Price Shocks and Currency Denomination [PDF]
The paper analyzes the dynamic effects of anticipated price increases of imported raw materials upon two large open economies. It is assumed that the economies have an asymmetric macroeconomic structure on the supply side and are dependent upon a small third country for oil or raw materials imports.
Wohltmann, Hans-Werner +1 more
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Bank Performance and Oil Price Shock
SSRN Electronic Journal, 2016The study is about the consequences of oil price changes on macroeconomic outcomes like GDP growth, inflation, employment, the stock market, investment and outputs of manufacturing industries has long been the subject of a vast and growing literature. This study will be the first approach which attempts to assess the influence of oil price changes on ...
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OIL PRICE SHOCK: A NONLINEAR APPROACH [PDF]
Nowadays, the importance of crude oil goes beyond simple economic aspects and affects social life in general. As such, it is imperative that we should know what the relationship between GDP growth and oil price changes is like. This paper presents evidence of a nonlinear relationship between the two things.
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Asymmetric effects of oil shocks on carbon allowance price: Evidence from China
Energy Economics, 2021Fenghua Wen
exaly

