The Macroeconomic Effects of Higher Oil Prices photograph

The Macroeconomic Effects Of Higher Oil Prices

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Originally published 2001
Authors Peter Isard
Douglas Laxton
Benjamin Hunt
Date of Reg.
Date of Upd.
ID2142554
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About The Macroeconomic Effects Of Higher Oil Prices


The paper uses MULTIMOD to analyze the macroeconomic effects of oil price shocks, distinguishing between temporary, more persistent, and permanent shocks. It provides perspectives on several findings in the literature and the key role of monetary policy in influencing macroeconomic outcomes. . . .

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