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Oil price shocks: Demand vs Supply in a two-country

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  • Alessia Campolmi

    (Central European University and Magyar Nemzeti Bank)

Abstract

Some interesting conclusions on the desirability of monetary policy reactions to increased oil prices can be also drawn.

Suggested Citation

  • Alessia Campolmi, 2009. "Oil price shocks: Demand vs Supply in a two-country," 2009 Meeting Papers 877, Society for Economic Dynamics.
  • Handle: RePEc:red:sed009:877
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    References listed on IDEAS

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    1. Ben S. Bernanke & Mark Gertler & Mark Watson, 1997. "Systematic Monetary Policy and the Effects of Oil Price Shocks," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(1), pages 91-157.
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    5. Finn, Mary G, 2000. "Perfect Competition and the Effects of Energy Price Increases on Economic Activity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 32(3), pages 400-416, August.
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    14. Robert B. Barsky & Lutz Kilian, 2002. "Do We Really Know That Oil Caused the Great Stagflation? A Monetary Alternative," NBER Chapters, in: NBER Macroeconomics Annual 2001, Volume 16, pages 137-198, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Rizvanoghlu, Islam, 2011. "Oil Price Shocks and Macroeconomy: The Role for Precautionary Demand and Storage," MPRA Paper 42351, University Library of Munich, Germany, revised 01 Jun 2012.

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