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Disentangling The Effects of Oil Shocks: The Role of Rigidities and Monetary Policy

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  • Carlos de Miguel
  • Baltasar Manzano
  • Jose M. Martin-Moreno
  • Jesús Ruiz

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Suggested Citation

  • Carlos de Miguel & Baltasar Manzano & Jose M. Martin-Moreno & Jesús Ruiz, 2009. "Disentangling The Effects of Oil Shocks: The Role of Rigidities and Monetary Policy," The Energy Journal, , vol. 30(2_suppl), pages 193-216, December.
    • Handle: RePEc:sae:enejou:v:30:y:2009:i:2_suppl:p:193-216
    DOI: 10.5547/ISSN0195-6574-EJ-Vol30-NoSI2-9
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    References listed on IDEAS

    as
    1. 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.
    2. Bwo-Nung Huang, 2008. "Factors Affecting an Economy's Tolerance and Delay of Response to the Impact of a Positive Oil Price Shock," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 1-34.
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    Cited by:

    1. Moya-Martínez, Pablo & Ferrer-Lapeña, Román & Escribano-Sotos, Francisco, 2014. "Oil price risk in the Spanish stock market: An industry perspective," Economic Modelling, Elsevier, vol. 37(C), pages 280-290.
    2. Wu, Man-Hwa & Ni, Yen-Sen, 2011. "The effects of oil prices on inflation, interest rates and money," Energy, Elsevier, vol. 36(7), pages 4158-4164.
    3. Ciola, Emanuele & Turco, Enrico & Gurgone, Andrea & Bazzana, Davide & Vergalli, Sergio & Menoncin, Francesco, 2023. "Enter the MATRIX model:a Multi-Agent model for Transition Risks with application to energy shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    4. Ciola, Emanuele & Turco, Enrico & Gurgone, Andrea & Bazzana, Davide & Vergalli, Sergio & Menoncin, Francesco, 2022. "Charging the macroeconomy with an energy sector: an agent-based model," FEEM Working Papers 319877, Fondazione Eni Enrico Mattei (FEEM).
    5. M-Ali Sotoudeh & Andrew C. Worthington, 2016. "A comparative analysis of monetary responses to global oil price changes: net oil producing vs. net oil consuming countries," International Economics and Economic Policy, Springer, vol. 13(4), pages 623-640, October.

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    More about this item

    Keywords

    Oil shocks; Monetary policy; DSGE new Keynesian model; Maximum likelihood estimation;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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