Oil And The Macroeconomy Revisited

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Oil And The Macroeconomy Revisited

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Author : Mark A. Hooker
language : en
Publisher:
Release Date : 1999

Oil And The Macroeconomy Revisited written by Mark A. Hooker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Macroeconomics categories.

Oil And The Macroeconomy Since The 1970s

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Author : Robert B. Barsky
language : en
Publisher:
Release Date : 2004

Oil And The Macroeconomy Since The 1970s written by Robert B. Barsky and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Economic history categories.

Increases in oil prices have been held responsible for recessions, periods of excessive inflation, reduced productivity and lower economic growth. In this paper, we review the arguments supporting such views. First, we highlight some of the conceptual difficulties in assigning a central role to oil price shocks in explaining macroeconomic fluctuations, and we trace how the arguments of proponents of the oil view have evolved in response to these difficulties. Second, we challenge the notion that at least the major oil price movements can be viewed as exogenous with respect to the US macroeconomy. We examine critically the evidence that has led many economists to ascribe a central role to exogenous political events in modeling the oil market, and we provide arguments in favor of 'reverse causality' from macroeconomic variables to oil prices. Third, although none of the more recent oil price shocks has been associated with stagflation in the US economy, a major reason for the continued popularity of the oil shock hypothesis has been the perception that only oil price shocks are able to explain the US stagflation of the 1970s. We show that this is not the case.

Resource Prices And Macroeconomic Policies

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Author : Graeme Ernest John Llewellyn
language : en
Publisher: O.E.C.D.
Release Date : 1983

Resource Prices And Macroeconomic Policies written by Graeme Ernest John Llewellyn and has been published by O.E.C.D. this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Economic history categories.

Structural Change And The Macroeconomic Effects Of Oil Shocks

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Author : Michael M. Hutchison
language : en
Publisher:
Release Date : 1992

Structural Change And The Macroeconomic Effects Of Oil Shocks written by Michael M. Hutchison and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Petroleum products categories.

Exploring The Robustness Of The Oil Price Macroeconomy Relationship

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Author : Mark A. Hooker
language : en
Publisher:
Release Date : 1997

Exploring The Robustness Of The Oil Price Macroeconomy Relationship written by Mark A. Hooker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Macroeconomics categories.

Monetary Policy And Crude Oil

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Author : Basil Oberholzer
language : en
Publisher:
Release Date : 2017

Monetary Policy And Crude Oil written by Basil Oberholzer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Monetary policy categories.

The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability. This unique and innovative book will appeal to students and economists interested in macroeconomics, the environment, energy and monetary policy. It will also be essential reading for policy makers and those interested in economic policy that will benefit both society and the environment.

The Prospects For Oil Prices Revisited

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Author : Dermot Gately
language : en
Publisher:
Release Date : 1986

The Prospects For Oil Prices Revisited written by Dermot Gately and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Petroleum products categories.

Economic Policy And The Great Stagflation

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Author : Alan S. Blinder
language : en
Publisher: Elsevier
Release Date : 2013-09-11

Economic Policy And The Great Stagflation written by Alan S. Blinder and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-11 with Business & Economics categories.

Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

The Price Of Oil

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Author : Roberto F. Aguilera
language : en
Publisher: Cambridge University Press
Release Date : 2016

The Price Of Oil written by Roberto F. Aguilera and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Business & Economics categories.

This book explains why oil prices rose so spectacularly in the past and examines how they will be suppressed in the future.

Nber Macroeconomics Annual 2001

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Author : Ben S. Bernanke
language : en
Publisher: MIT Press
Release Date : 2002

Nber Macroeconomics Annual 2001 written by Ben S. Bernanke and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.

Current issues in macroeconomics.