Macroeconomic Effects of Oil Shocks. Why are the 2000s So ...

THE MACROECONOMIC EFFECTS OF OIL SHOCKS: WHY ARE THE 2000S. SO DIFFERENT FROM THE 1970S? Olivier J. Blanchard. Jordi Gali. Working Paper 13368 http://www.nber ...

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

We examine four different hypotheses for the mild effects on inflation and economic activity of the recent increase in the price of oil: (a) ...

The Macroeconomic Effects of Oil Price Shocks: Why are the 2000s ...

We examine four different hypotheses for the mild effects on inflation and economic activity of the recent increase in the price of oil.

WHY ARE THE 2000s SO DIFFERENT FROM THE 1970s? A ...

In the 2000s, even larger increases in the price of oil were associated with much milder movements in output and inflation. Using a structural ...

The macroeconomic effects of oil price shocks: Why are the 2000s ...

We characterize the macroeconomic performance of a set of industrialized economies in the aftermath of the oil price shocks of the 1970s and of the last decade.

Why are the 2000s so Different from the 1970s? A Structural ...

Our results point to two relevant changes in the structure of the economy, which have modified the transmission mechanism of the oil shock: ...

7 The Macroeconomic Effects of Oil Price Shocks Why Are the 2000s ...

On the other hand, such broader supply shocks play a very limited role in accounting for the fluctuations in output and employment in the post- 1984 period ( ...

WHY ARE THE 2000s SO DIFFERENT FROM THE 1970s? A ...

Our results point to two relevant changes in the structure of the economy, which have modified the transmission mechanism of the oil shock: vanishing wage ...

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

... The appreciation of national currency decreases the competitiveness of non-oil sectors. Blanchard and Gali (2007) found that increased flexibility in labour ...

Blanchard, O. J., & Galí, J. (2008). The Macroeconomic Effects of Oil ...

Blanchard, O. J., & Galí, J. (2008). The Macroeconomic Effects of Oil Price Shocks Why Are the 2000s So Different from the 1970s In J. Galí, ...

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

The first one focuses on the potential reasons behind the diminished susceptibility of the economy to oil price shocks. The debate goes back to Blanchard and ...

The macroeconomic effects of oil price shocks - DSpace@MIT

The macroeconomic effects of oil price shocks : why are the 2000s so different from the 1920s? · Author(s) · Other Contributors · Metadata · Abstract · Date issued.

why are the 2000s so different from the 1970s? - Seattle University

The macroeconomic effects of oil shocks : why are the 2000s so different from the 1970s? Check for available services ...

The macroeconomic effects of oil shocks - Gonzaga University

We characterize the macroeconomic performance of a set of industrialized economies in the aftermath of the oil price shocks of the 1970s and of the last ...

The macroeconomic effects of oil price shocks : why are the 2000s ...

The macroeconomic effects of oil price shocks : why are the 2000s so different from the 1970s? ; 2009 · Blanchard, Olivier ; Galí, Jordi · Rotemberg, Julio ( ...

OF OIL PRICES - jstor

Blanchard, Olivier J. and Jordi Gali (2009). "The Macroeconomic Effects of Oil Shocks: Why are the. 2000s So Different from the 1970s?" In J ...

[PDF] Why are the 2000s so Different from the 1970s? A Structural ...

In the 1970s, large increases in the price of oil were associated with sharp decreases in output and large increases in inflation.

Oil shocks and global economy - ScienceDirect.com

In contrast, an unexpected oil-specific demand increase only has a short-lived substantial effect on global economic activity for the shocks produced in the ...

The Oil hike of the 2000's: Did it go unnoticed, and why?

I consider the very rapid growth of infrastructure in the BRIC countries to be a strong driver of the high oil prices (as well as other ...

The Economic Consequences of Oil Shocks: Differences across ...

The dynamic effects of oil-specific demand shocks are very different from the two other shocks, as shown in Figure 4. In all economies except Japan, this shock ...