The Macroeconomic Effects of Oil Price Shocks

The macroeconomic effects of oil supply news: Evidence from OPEC ...

These shocks have statistically and economically significant effects. Negative news leads to an immediate increase in oil prices, a gradual fall ...

Oil Price Shocks and Inflation - Federal Reserve Bank of Dallas

These effects on consumer prices may compound over time, as rising fuel costs are gradually absorbed by the economy. However, much depends on ...

“The Macroeconomic Effects of Oil Shocks: Why Are the 2000s So ...

Figure 1 shows large percentage changes in the real import prices of crude oil. ... ... This sustained growth suggests that the inflationary consequences of an ...

The macroeconomics outcome of oil shocks in the small Eurozone ...

Abstract. In this work we provide an analysis over the period 1999 - 2015 of the effects of oil shocks on prices and GDP in a group of small Euro-area ...

Nonlinearities and the Macroeconomic Effects of Oil Prices*

Brown, and Mine Yücel (2002) “Oil Price Shocks and the U.S. Economy: Where Does the Asymmetry Originate?” Energy Journal, 23, pp. 27-52.

Are the macroeconomic effects of oil price shock symmetric?

By employing simulation methods, we trace the effects of positive and negative oil price shocks on the macroeconomic variables through the ...

THE MACROECONOMIC EFFECTS OF OIL SHOCKS IN THREE ...

In this paper we study the impact of oil price shocks on real economic activity and inflation rates in three Latin American economies (Brazil, Colombia and Peru).

Oil price shocks, exchange rate and macroeconomic fluctuations in ...

This study investigates the macroeconomic effects of adverse oil price shocks on a small oil-exporting economy — the Azerbaijan economy.

The Macroeconomic Effects of Oil Supply News

Using high-frequency variation in oil prices around OPEC announce- ments, I identify a news shock about future oil supply. While I do not model the oil futures ...

The Macroeconomic Effects of Oil Supply News - Semantic Scholar

I identify an oil supply news shock. These shocks have statistically and economically significant effects ... We evaluate the macroeconomic effects of shocks ...

Oil price shocks and macroeconomic policy in resource-rich ...

However, oil shocks play a less prominent role in driving inflation dynamics owing partly to the low pass-through effect of international oil ...

Macroeconomic effects of demand and supply shocks in the global ...

In comparison, oil supply shocks have an insignificant effect on both domestic industrial output and consumer price index inflation; however, ...

The Impact of Oil Price Shocks on the Macroeconomy of Ghana

This study recognizes that the magnitude of the percentage impact is small, however, this does not mean that the oil shock effects on the. Ghanaian economy is ...

Revisiting the Macroeconomic Impact of Oil Shocks in Asian ...

We identify three different types of oil shocks via sign restrictions: an oil supply shock, an oil demand shock driven by global economic activity and an oil- ...

The impact of oil price changes on selected macroeconomic ... - NCBI

Our key results are as follows. GDP growth decreases after oil price shocks in the oil and gas sector and in the rest of the economy. The ...

Rising Oil Prices and Economic Turmoil | St. Louis Fed

The oil price shock, as economists have coined it, occurred as monetary policy-makers acted to keep the economy from overheating.

THE MACROECONOMIC IMPACTS OF OIL PRICE SHOCKS

These routes of effect of oil prices on the economy at large are what other oil researchers working more within microeconomic traditions have ...

The Impact of Oil Price Shocks on Macroeconomic Performance

This sudden reduction in prices and subsequent effect on the economies of the oil exporting countries resulted in slowing of economic growth of many emerging ...

Modeling the Asymmetric Effects of an Oil Price Shock

Section 6 concludes. 2. Stylized Facts. This section documents the observed effects of oil price shocks on key economic variables that any plausible theoretical ...

The Macroeconomic Effects of an Oil Price Shock on the World ...

The simulation results for a permanent 25 per cent oil price shock show that, in the long run, such a shock reduces aggregate private sector output by 0.27 per ...