What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?

Author:

Batini Nicoletta,Tereanu Eugen, ,

Publisher

International Monetary Fund (IMF)

Subject

General Medicine

Reference32 articles.

1. The (un)importance of forward-looking behavior in price specifications;Fuhrer;Journal of Money, Credit, and Banking,1997

2. Why Are Prices Sticky?” The Dynamics of Wholesale Gasoline Prices;Davis;NBER Working Papers 9741,2003

3. Habit Formation in Consumption and Its Implications for Monetary-Policy Models;Fuhrer;American Economic Review,2000

4. Are Oil Shocks Inflationary? Asymmetric and Nonlinear Specifications versus Changes in Regime;Hooker;Journal of Money, Credit and Banking,2002

5. The Economic Effects of Energy Price Shocks;Kilian;CEPR Discussion Papers 6559,2007

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