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

We find that under the European Monetary Union (EMU), oil price shocks have been important drivers of business cycle fluctuations in almost all ...

In this paper we investigate the macroeconomic outcomes of oil shocks in a group of small open Euro-area countries in the European Monetary Union (EMU) period.

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

We find that under the European Monetary Union (EMU), oil price shocks have been important drivers of business cycle fluctuations in almost all these countries.

The Macroeconomics Outcome of Oil Shocks in the Small Eurozone ...

The Macroeconomics Outcome of Oil Shocks in the Small Eurozone Economies · Author & abstract · Download & other version · 29 References · 8 Citations · Most related ...

The Macroeconomics Outcome of Oil Shocks in the Small Eurozone ...

... Let us recall that recent research has confirmed the importance of oil price shocks in shaping the evolution of Euro Area and European macroeconomic ...

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

The macroeconomics outcome of oil shocks in the small Eurozone economies ; Authors: Raduzzi, Raphael ; Ribba, Antonio ; Published in: The World Economy. - Wiley, ...

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

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 ...

Macroeconomic implications of oil price fluctuations: a regime ...

In the normal regime (slashed blue line) oil price shocks are followed by only small macroeconomic fluctuations. ... The macroeconomic effects of ...

The Macroeconomic Effects of Oil Price Shocks

It is useful to start with descriptive statistics associated with the large oil shocks visible in the previous figures. We define a large oil shock as an epi-.

Macroeconomic and financial effects of oil price shocks

The paper investigates the macroeconomic and financial effects of oil price shocks for the euro area, with a special focus on post-2009 oil price dynamics and ...

Macroeconomic uncertainty and the impact of oil shocks

macroeconomic uncertainty is small.11. 3.3 Identifying Oil Shocks using Sign Restrictions ... Van Robays (2009): Oil and the euro area economy, Economic.

Euro area, oil and global shocks: An empirical model-based analysis

Specifically, conditional on the estimated parameters, a permanent oil supply shock would induce a relatively large medium-run decrease in EA GDP ( − 0.3%) and ...

The Macroeconomics of Oil Shocks

When all of these effects are added up, oil prices could have a larger impact than what might be expected from oil's small share in the economy. The key is that ...

Second-Round Effects of Oil Price Shocks - IMF eLibrary

The effects have declined over time in Europe and been higher in emerging European economies than in advanced economies. The pass-through to ...

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

as for three aggregates (the G7, the euro-12, and the OECD countries).3. More ... macroeconomic effects of oil price shocks have become smaller over time,.

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

Accordingly, more recent oil supply shocks are characterised by a much smaller impact on world oil production and a greater effect on oil prices compared to the ...

Oil prices and the euro exchange rate | International Economics and ...

In particular, a positive oil price shock results in a temporary negative change (depreciation) in the value of the euro. The effect does not ...

Oil Price Shocks and Inflation - Federal Reserve Bank of Dallas

A. Structural Interpretation of Changes in the Macroeconomic Effects of Oil Prices,”. Journal of the European Economic Association, 11, 1032- ...

Supply Chain Disruption and Energy Supply Shocks: Impact on Euro ...

the impact is small and transitory after energy supply shocks. The impact of ... “The Macroeconomic Effects of Oil Supply. News: Evidence from OPEC ...

Macroeconomic and financial effects of oil price shocks

The paper investigates the macroeconomic and financial effects of oil price shocks for the euro area, with a special focus on post-2009 oil price dynamics ...