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Possible monetary policy responses to the Iraqi oil shock

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  • Robert Hampton
  • George A. Kahn

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  • Robert Hampton & George A. Kahn, 1990. "Possible monetary policy responses to the Iraqi oil shock," Economic Review, Federal Reserve Bank of Kansas City, vol. 75(Nov), pages 19-32.
    • Handle: RePEc:fip:fedker:y:1990:i:nov:p:19-32:n:v.75no.6
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    File URL: https://www.kansascityfed.org/documents/526/1990-Possible%20Monetary%20Policy%20Responses%20to%20the%20Iraqi%20Oil%20Shock.pdf
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    References listed on IDEAS

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    1. McCallum, Bennett T, 1985. "On Consequences and Criticisms of Monetary Targeting," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 17(4), pages 570-597, November.
    2. C. Alan Garner, 1988. "Policy options to improve the U.S. standard of living," Economic Review, Federal Reserve Bank of Kansas City, vol. 73(Nov), pages 3-17.
    3. Edward M. Gramlich, 1979. "Macro Policy Responses to Price Shocks," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(1), pages 125-166.
    4. George A. Kahn, 1988. "Nominal GNP: an anchor for monetary policy?," Economic Review, Federal Reserve Bank of Kansas City, vol. 73(Nov), pages 18-35.
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    Cited by:

    1. George A. Kahn & Klara Parrish, 1998. "Conducting monetary policy with inflation targets," Economic Review, Federal Reserve Bank of Kansas City, vol. 83(Q III), pages 5-32.
    2. Ýstemi Berk & Ý. Hakan Yetkiner, 2013. "Energy Prices and Economic Growth: Theory and Evidence in the Long Run," Working Papers 1303, Izmir University of Economics.
    3. Ihsaanul, Ahmad & Masih, Mansur, 2018. "Would the volatility of oil price affect the GDP of a country ? Singaporean evidence," MPRA Paper 112462, University Library of Munich, Germany.
    4. Surender Kumar, 2009. "The Macroeconomic Effects of Oil Price Shocks: Empirical Evidence for India," Economics Bulletin, AccessEcon, vol. 29(1), pages 15-37.
    5. Faiez Ahmed Elneel & Abdullah Fahad AlMulhim‎, 2022. "The Effect of Oil Price Shocks on Saudi Arabia’s Economic Growth in the Light of Vision 2030 “A Combination of VECM and ARDL Models”," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3401-3423, December.
    6. Ebru Caglayan Akay & Sinem Guler Kangalli Uyar, 2016. "Determining the Functional Form of Relationships between Oil Prices and Macroeconomic Variables: The Case of Mexico, Indonesia, South Korea, Turkey Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 880-891.
    7. Le Viet Trung & Nguyen Thi Thuy Vinh, 2011. "The impact of oil prices, real effective exchange rate and inflation on economic activity: Novel evidence for Vietnam," Discussion Paper Series DP2011-09, Research Institute for Economics & Business Administration, Kobe University.
    8. Aharon, David Y. & Azman Aziz, Mukhriz Izraf & Kallir, Ido, 2023. "Oil price shocks and inflation: A cross-national examination in the ASEAN5+3 countries," Resources Policy, Elsevier, vol. 82(C).
    9. Cunado, Juncal & Perez de Gracia, Fernando, 2003. "Do oil price shocks matter? Evidence for some European countries," Energy Economics, Elsevier, vol. 25(2), pages 137-154, March.
    10. Berna Aydogan & Istemi Berk, 2015. "Crude Oil Price Shocks and Stock Returns: Evidences from Turkish Stock Market under Global Liquidity Conditions," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 54-68.
    11. Cunado, J. & Perez de Gracia, F., 2005. "Oil prices, economic activity and inflation: evidence for some Asian countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 65-83, February.
    12. Renato Agurto & Fernando Fuentes & Carlos Garcia & Esteban Skoknic, 2013. "Power Generation and the Business Cycle: The Impact of Delaying Investment," ILADES-UAH Working Papers inv290, Universidad Alberto Hurtado/School of Economics and Business.
    13. Afia Malik, 2016. "The Impact of Oil Price Changes on Inflation in Pakistan," International Journal of Energy Economics and Policy, Econjournals, vol. 6(4), pages 727-737.
    14. Özgür Özaydın, 2019. "Energy Prices-Inflation Nexus: A Historical Analysis for the Case of Ottoman Empire," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 5(4), pages 86-93, 04-2019.
    15. Mehdi Behname, 2013. "The relationship between Market Size, Inflation and Energy," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    16. Berk, Istemi & Aydogan, Berna, 2012. "Crude Oil Price Shocks and Stock Returns: Evidence from Turkish Stock Market under Global Liquidity Conditions," EWI Working Papers 2012-15, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    17. Saleh Mothana Obadi & Matej Korcek, 2015. "Investigation of Driving Forces of Energy Consumption in European Union 28 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 5(2), pages 422-432.
    18. Hamid Davari & Alireza Kamalian, 2018. "Oil Price and Inflation in Iran: Non-Linear ARDL Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 295-300.
    19. Lacheheb, Miloud & Sirag, Abdalla, 2019. "Oil price and inflation in Algeria: A nonlinear ARDL approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 73(C), pages 217-222.
    20. Berk, Istemi & Yetkiner, Hakan, 2014. "Energy prices and economic growth in the long run: Theory and evidence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 36(C), pages 228-235.
    21. Ediger, Volkan S. & Berk, Istemi, 2011. "Crude oil import policy of Turkey: Historical analysis of determinants and implications since 1968," Energy Policy, Elsevier, vol. 39(4), pages 2132-2142, April.
    22. O. Felix Ayadi, 2005. "Oil price fluctuations and the Nigerian economy," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 29(3), pages 199-217, September.

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