Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Inflation premium and oil price volatility. (2007). Montoro, Carlos ; Castillo, Paul ; Tuesta, Vicente .
In: LSE Research Online Documents on Economics.
RePEc:ehl:lserod:19750.

Full description at Econpapers || Download paper

Cited: 11

Citations received by this document

Cites: 35

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Asymmetric Effects of Monetary Policy on the Armenian Economy. (2021). Igityan, Haykaz.
    In: Russian Journal of Money and Finance.
    RePEc:bkr:journl:v:80:y:2021:i:1:p:46-103.

    Full description at Econpapers || Download paper

  2. Asymmetric Effects of Monetary Policy on the Armenian Economy. (2021). Igityan, Haykaz.
    In: Working Papers.
    RePEc:ara:wpaper:018.

    Full description at Econpapers || Download paper

  3. Oil price uncertainty and movements in the US government bond risk premia. (2020). Wang, Shixuan ; GUPTA, RANGAN ; Balcilar, Mehmet ; Wohar, Mark E.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:52:y:2020:i:c:s1062940819301330.

    Full description at Econpapers || Download paper

  4. Oil Price Uncertainty and Movements in the US Government Bond Risk Premia. (2019). Wohar, Mark ; Wang, Shixuan ; GUPTA, RANGAN ; Balcilar, Mehmet.
    In: Working Papers.
    RePEc:pre:wpaper:201919.

    Full description at Econpapers || Download paper

  5. Asymmetric Effects of Monetary Policy in Different Phases of Armenias Business Cycle. (2019). Igityan, Haykaz.
    In: Working Papers.
    RePEc:ara:wpaper:011.

    Full description at Econpapers || Download paper

  6. Monetary Policy Response to Oil Price Shocks. (2012). Natal, Jeanmarc.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:44:y:2012:i:1:p:53-101.

    Full description at Econpapers || Download paper

  7. Four myths surrounding U.S. biofuels. (2011). Wetzstein, H..
    In: Energy Policy.
    RePEc:eee:enepol:v:39:y:2011:i:7:p:4308-4312.

    Full description at Econpapers || Download paper

  8. Monetary Policy Trade‐Offs with a Dominant Oil Producer. (2010). Nakov, Anton ; Pescatori, Andrea.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:42:y:2010:i:1:p:1-32.

    Full description at Econpapers || Download paper

  9. Monetary Policy in Oil-Producing Economies. (2008). Romero, Roman E.
    In: Working Papers.
    RePEc:pri:cepsud:169.

    Full description at Econpapers || Download paper

  10. New relationships: ethanol, corn, and gasoline volatility. (2008). Wetzstein, Michael ; Zhang, Zibin .
    In: Risk, Infrastructure and Industry Evolution Conference, June 24-25, 2008, Berkeley, California.
    RePEc:ags:fftrri:48718.

    Full description at Econpapers || Download paper

  11. Oil Shocks and Optimal Monetary Policy. (2007). Montoro, Carlos ; Carlos, Montoro.
    In: Working Papers.
    RePEc:rbp:wpaper:2007-010.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Atkeson Andrew and Patrick Kehoe (1999), Models of Energy Use: Putty-Putty Versus Putty-Clay The American Economic Review Vol 89 N 4

  2. Benigno, Pierpaolo and Michael Woodford (2003), ” Optimal Monetary Policy and Fiscal Policy” , NBER Macroeconomic Annual 2003, Cambridge, MA: MIT Press
    Paper not yet in RePEc: Add citation now
  3. Benigno, Pierpaolo and Michael Woodford (2005) “In‡ ation Stabilization and Welfare: The Case of a Distorted Steady State” , Journal of the European Economic Association, 3(6): 1-52

  4. Bernanke, Ben, Mark Gertler and Michael Watson (1997), Systematic Monetary Policy and the Eects of Oil Price Shocks, Brooking Papers on Economic Activity, pp. 91-142.

  5. Blanchard, Olivier and Jordi Gali (2006), Real Wage Rigidities and the New Keynesian Model forthcoming, Journal of Money Credit and Banking
    Paper not yet in RePEc: Add citation now
  6. Calvo, Guillermo (1983), ” Staggered Prices in a Utility Maximizing Framework” . Journal of Monetary Economics, 12, 383-398.

  7. Castillo, Paul and Carlos Montoro (2005), Non-homothetic preferences and the asymmetric eects of monetary policy, mimeo, LSE and Banco Central de Reserva del Perú.
    Paper not yet in RePEc: Add citation now
  8. Clarida, Richard, Jordi Gali, and Mark Gertler (1999), The Science of Monetary Policy: A new Keynesian Perspective. Journal of Economic Literature, pp 1661-1707

  9. Clarida, Richard, Jordi Gali, and Mark Gertler (2000), ” Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory” , Quarterly Journal of Economics, 115, pp. 147-80.

  10. Cogley, Timothy. and Thomas. Sargent (2005) Drifts and Volatilities: Monetary Policies and Outcomes in the Post WWII U.S., Review of Economic Dynamics, 8,262-302
    Paper not yet in RePEc: Add citation now
  11. Collard, Fabrice and Michael Juillard (2001), Accuracy of stochastic perturbation methods: the case of asset pricing models, Journal of Economic Dynamics and Control, 25, 979-999.

  12. De Paoli, Bianca (2004) Monetary Policy and Welfare in a Small Open Economy, CEP Discussion Paper N 639

  13. Felices, Guillermo (2005), Can Information-Consistent Wages Help Explain the Dynamics of Real Wages and In‡ ation?, mimeo, BoE.
    Paper not yet in RePEc: Add citation now
  14. Ferrero, Andrea (2005), Fiscal and Monetary Policy Rules for a Currency Union, ECB working paper series, #502

  15. Gambetti, Luca , Fabio Canova and Evi Pappa (2005) The Structural dynamics of US output and in‡ ation: What explains the Changes?.mimeo Pompeu Fabra University.
    Paper not yet in RePEc: Add citation now
  16. Gordon, Robert (2005) What caused the decline in U.S. business cycle volatility ?. NBER Working paper 11777.

  17. Hamilton, James (2003), What is an oil Shock? Journal of Econometrics 36, pp. 265-286

  18. Hamilton, James and Ana Herrera (2004), Oil Shocks and Aggregate Macroeconomic Behavior: The Role of Monetary Policy, Journal of Money Credit and Banking 36, pp. 265-286

  19. In-Moo Kim and Prakash Loungani (1992) The role of energy in real business cycle models. Journal of Monetary Economics 20 173-189.

  20. Jin, H-H and Keneth Judd (2002), Perturbation Methods for Rational Expectations Models. Mimeo Standford University
    Paper not yet in RePEc: Add citation now
  21. Judd, Kenneth (1998), Numerical Methods in Economics, MIT, press, Cambridge MA.

  22. Leduc, Sylvian and Keith Sill (2004), A Quantitative Analysis of Oil-price Shocks, Systematic Monetary Policy, and Economic Downturns, Journal of Monetary Economics 51 pp. 781-808.

  23. Leeper, Erick and Tao Zha (2003) Modest Policy Interventions Journal of Monetary Economics, 50(8),1673-1700

  24. Lubik Thomas and Frank Schorfheide (2004), Testing for Indeterminancy: an Application to US Monetary Policy, American Economic Review, 94,190-217

  25. Montoro, Carlos (2005) Oil Shocks and Optimal monetary Policy. mimeo LSE.

  26. Orphanides, Athanasios (2001), Monetary Policy Rules, Macroeconomic Stability, and In‡ ation: A View from the Trenches, Discussion paper, Board of Governors of the Federal Reserve System.
    Paper not yet in RePEc: Add citation now
  27. Primiceri, Giorgio (2004) Time Varying Structural Var and Monetary Policy Forthcoming, Review of Economic Studies
    Paper not yet in RePEc: Add citation now
  28. Rabanal, Pau (2004), Real Wage Rigidities, Endogenous Persistence, and Optimal Monetary Policy, mimeo.
    Paper not yet in RePEc: Add citation now
  29. Rabanal, Pau and Juan Rubio-Ramirez (2005) Comparing New Keynessian Models of the Business Cycles: A Bayesian Approach, Journal of Monetary Economics, Vol. 52, No. 6, pp.1151-1166

  30. Rotermberg Julio and Woodford Michel, (1996) Imperfect Competition and the Eects of Energy Price Increases on Economic Activity, Journal of Money, Credit and Banking Vol 28 N 4

  31. Schmitt-Grohe, Stephanie and Martin Uribe (2004). ” Solving dynamic general equilibrium models using a second-order approximation to the policy function, Journal of Economic Dynamics and Control 28, 755-775..

  32. Sims, Christopher and Tao Zha (2005), Were there Regime Sitches in US Monetary Policy?, forthcoming in the American Economic Review.

  33. Smets, Frank. and Ralph Wouters, (2003), “An Estimated Stochastic Dynamic General Equilibrium Model for the Euro Area,” Journal of the European Economic Association, Vol. 1, No. 5, pp. 1123-1175.

  34. Sutherland, Alan (2002) A Simple Second-Order Solution Method for Dynamic General Equilibrium Models CEPR Discussion Paper No 3554, July 2002

  35. Weise, Charles (1999) The Asymmetric Eects of Monetary Policy: A nonlinear Vector Autor-pregresive Approach. Journal of Money, Credit and Banking, Vol 31, N , p85-p108. A Appendix: Equations of the Model A.1 The system of equations Using the the market clearing conditions that close the model, the dynamic equilibrium of the model described in section 3 is given by the following set of 10 equations: AGGREGATE SUPPLY Marginal Costs MCt = h (1 ) (Wt=Pt)1 + (Qt)1 i 1 A-i Labor market Wt Pt = Yt Lv t A-ii Lt = 1 Wt=Pt MCt Yt t A-iii Price dispersion t = (1 ) 1 ( t) 1 =( 1) + t 1 ( t) A1-iv Phillips Curve ( t) 1 = 1 (1 ) Nt Dt 1 A-v Nt = Y 1 t MCt + Et [( t+1) Nt+1] A-vi Dt = Y 1 t + Et h ( t+1) 1 Dt+1 i A-vii AGGREGATE DEMAND 1 = Et Yt+1 Yt Rt t+1 A-vii MONETARY POLICY Rt = R Et t+1 Yt Y y A-ix OIL PRICES Qt = QQt 1 exp ( qet) A-x
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Green innovations and organizational change: Making better use of environmental technology. (2014). veugelers, reinhilde ; Hottenrott, Hanna ; Rexhauser, Sascha .
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:12043r.

    Full description at Econpapers || Download paper

  2. Using the Tax System To Address Competition Issues with a Carbon Tax. (2013). Metcalf, Gilbert.
    In: Discussion Papers.
    RePEc:rff:dpaper:dp-13-30.

    Full description at Econpapers || Download paper

  3. Declining Effects of Oil Price Shocks. (2013). Katayama, Munechika.
    In: Journal of Money, Credit and Banking.
    RePEc:mcb:jmoncb:v:45:y:2013:i:6:p:977-1016.

    Full description at Econpapers || Download paper

  4. Inflationary effect of oil-price shocks in an imperfect market: A partial transmission input–output analysis. (2013). Zhang, ZhongXiang ; Li, Jing ; Wu, Libo .
    In: Journal of Policy Modeling.
    RePEc:eee:jpolmo:v:35:y:2013:i:2:p:354-369.

    Full description at Econpapers || Download paper

  5. Monetary compensations in climate policy through the lens of a general equilibrium assessment: The case of oil-exporting countries. (2013). Rozenberg, Julie ; Hourcade, Jean-Charles ; Waisman, Henri .
    In: Energy Policy.
    RePEc:eee:enepol:v:63:y:2013:i:c:p:951-961.

    Full description at Econpapers || Download paper

  6. Beyond inducement in climate change: Does environmental performance spur environmental technologies? A regional analysis of cross-sectoral differences. (2013). Quatraro, Francesco ; Ghisetti, Claudia.
    In: Ecological Economics.
    RePEc:eee:ecolec:v:96:y:2013:i:c:p:99-113.

    Full description at Econpapers || Download paper

  7. A theory of vintage capital investment and energy use. (2013). Puch, Luis ; Díaz, Antonia ; Diaz, Antonia .
    In: UC3M Working papers. Economics.
    RePEc:cte:werepe:we1320.

    Full description at Econpapers || Download paper

  8. Supply-side effects of strong energy price hikes in German industry and transportation. (2012). Knetsch, Thomas ; Molzahn, Alexander .
    In: Empirical Economics.
    RePEc:spr:empeco:v:43:y:2012:i:3:p:1215-1238.

    Full description at Econpapers || Download paper

  9. The Influence of Oil Prices on an Oil-Importing Developing Economy. (2012). Maroofi, Fakhraddin ; Kafchehi, Parviz .
    In: International Journal of Academic Research in Accounting, Finance and Management Sciences.
    RePEc:hur:ijaraf:v:2:y:2012:i:4:p:66-82.

    Full description at Econpapers || Download paper

  10. The role of the trade channel in the propagation of oil supply shocks. (2012). Maravalle, Alessandro.
    In: Energy Economics.
    RePEc:eee:eneeco:v:34:y:2012:i:6:p:2135-2147.

    Full description at Econpapers || Download paper

  11. Energy substitutability and modernization of energy-consuming technologies. (2012). Yatsenko, Yuri ; Hritonenko, Natali.
    In: Energy Economics.
    RePEc:eee:eneeco:v:34:y:2012:i:5:p:1548-1556.

    Full description at Econpapers || Download paper

  12. Oil Price Dynamics in a Real Business Cycle Model. (2011). Gomis-Porqueras, Pedro ; Arora, Vipin.
    In: CAMA Working Papers.
    RePEc:een:camaaa:2011-17.

    Full description at Econpapers || Download paper

  13. Oil Price Shocks and Labor Market Fluctuations. (2010). Silva, José ; Sala, Hector ; Ordóñez, Javier ; Ordoez, Javier.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp5096.

    Full description at Econpapers || Download paper

  14. The Role of Energy in Economic Growth. (2010). Stern, David.
    In: CCEP Working Papers.
    RePEc:een:ccepwp:0310.

    Full description at Econpapers || Download paper

  15. Slow oil shocks and the weakening of the oil price-macroeconomy relationship. (2010). Naccache, Theo .
    In: Energy Policy.
    RePEc:eee:enepol:v:38:y:2010:i:5:p:2340-2345.

    Full description at Econpapers || Download paper

  16. Accounting for Oil Price Variation and Weakening Impact of the Oil Crisis. (2009). Sudo, Nao ; Hirakata, Naohisa.
    In: IMES Discussion Paper Series.
    RePEc:ime:imedps:09-e-01.

    Full description at Econpapers || Download paper

  17. A Theoretical Model for the Extraction and Refinement of Natural Resources. (2008). Pirino, Davide ; Roma, Antonio .
    In: Department of Economics University of Siena.
    RePEc:usi:wpaper:537.

    Full description at Econpapers || Download paper

  18. Oil Price Shocks, Rigidities and the Conduct of Monetary Policy: Some Lessons from a New Keynesian Perspective. (2008). Vogel, Lukas ; Duval, Romain.
    In: OECD Economics Department Working Papers.
    RePEc:oec:ecoaaa:603-en.

    Full description at Econpapers || Download paper

  19. Monetary policy and commodity price shocks. (2008). Tober, Silke ; Zimmermann, Tobias .
    In: IMK Working Paper.
    RePEc:imk:wpaper:16-2008.

    Full description at Econpapers || Download paper

  20. Oil crisis, energy-saving technological change and the stock market crash of 1973-74. (2008). Peralta-Alva, Adrian.
    In: Working Papers.
    RePEc:fip:fedlwp:2008-019.

    Full description at Econpapers || Download paper

  21. Macroeconomic Consequences of International Commodity Price Shocks. (2008). Puch, Luis ; Gómez-López, Claudia ; Gomez-Lopez, Claudia S..
    In: Working Papers.
    RePEc:fda:fdaddt:2008-27.

    Full description at Econpapers || Download paper

  22. Uso de Energía en Economías Exportadoras de Petróleo. (2008). Puch, Luis ; Gómez-López, Claudia ; Gomez-Lopez, Claudia S..
    In: Economic Reports.
    RePEc:fda:fdacee:24-08.

    Full description at Econpapers || Download paper

  23. How do nominal and real rigidities interact? A tale of the second best. (2007). Vogel, Lukas ; Duval, Romain.
    In: MPRA Paper.
    RePEc:pra:mprapa:7282.

    Full description at Econpapers || Download paper

  24. Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74. (2007). Peralta-Alva, Adrian.
    In: MPRA Paper.
    RePEc:pra:mprapa:5896.

    Full description at Econpapers || Download paper

  25. A note on oil dependence and economic instability. (2007). Wen, Yi ; Aguiar-Conraria, Luís.
    In: Working Papers.
    RePEc:fip:fedlwp:2006-060.

    Full description at Econpapers || Download paper

  26. Oil shocks and external adjustment. (2007). Guerrieri, Luca ; Erceg, Christopher ; Bodenstein, Martin.
    In: International Finance Discussion Papers.
    RePEc:fip:fedgif:897.

    Full description at Econpapers || Download paper

  27. Inflation premium and oil price volatility. (2007). Montoro, Carlos ; Castillo, Paul ; Tuesta, Vicente .
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:19750.

    Full description at Econpapers || Download paper

  28. A dynamic equilibrium of electricity consumption and GDP in Hong Kong: An empirical investigation. (2007). Ho, Chun-Yu ; Siu, Kam Wing.
    In: Energy Policy.
    RePEc:eee:enepol:v:35:y:2007:i:4:p:2507-2513.

    Full description at Econpapers || Download paper

  29. Inflation Premium and Oil Price Volatility. (2007). Tuesta, Vicente ; Montoro, Carlos ; Castillo, Paul.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0782.

    Full description at Econpapers || Download paper

  30. INVESTMENT SPIKES: NEW FACTS AND A GENERAL EQUILIBRIUM EXPLORATION. (2007). Kashyap, Anil ; Gourio, Francois.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2007-006.

    Full description at Econpapers || Download paper

  31. Oil crisis, Energy Saving Technological Change, and the Stock Market Collapse of 1974. (2006). Peralta-Alva, Adrian.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:49.

    Full description at Econpapers || Download paper

  32. Optimal Oil Taxation in a Small Open Economy. (2006). Manzano, Baltasar ; de Miguel, Carlos.
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:9:y:2006:i:3:p:438-454.

    Full description at Econpapers || Download paper

  33. Green Taxes and Double Dividends in a Dynamic Economy. (2006). Kawaguchi, Daiji ; Glomm, Gerhard.
    In: Caepr Working Papers.
    RePEc:inu:caeprp:2006017.

    Full description at Econpapers || Download paper

  34. Oil Shocks and Macroeconomic Activity: A Putty-Clay Perspective. (2006). Stockman, David.
    In: Working Papers.
    RePEc:dlw:wpaper:06-15.

    Full description at Econpapers || Download paper

  35. Investment, Capacity, and Uncertainty: A Putty-Clay Approach. (2005). Williams, John ; Gilchrist, Simon.
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:8:y:2005:i:1:p:1-27.

    Full description at Econpapers || Download paper

  36. Operating Leverage,Stock Market Cyclicality,and the Cross-Section of Returns. (2005). Gourio, Francois.
    In: Boston University - Department of Economics - Working Papers Series.
    RePEc:bos:wpaper:wp2005-002.

    Full description at Econpapers || Download paper

  37. Oil Crisis, Energy-Saving Technological Change and the Stock Market Crash of 1973-74. (2004). Peralta-Alva, Adrian.
    In: Macroeconomics.
    RePEc:wpa:wuwpma:0405019.

    Full description at Econpapers || Download paper

  38. Costly Capital Reallocation and Energy Use. (2004). Puch, Luis ; Guilló, María ; Díaz, Antonia ; Diaz, Antonia .
    In: Review of Economic Dynamics.
    RePEc:red:issued:v:7:y:2004:i:2:p:494-518.

    Full description at Econpapers || Download paper

  39. Investment, Capacity, and Uncertainty: A Putty-Clay Approach. (2004). Williams, John ; Gilchrist, Simon.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10446.

    Full description at Econpapers || Download paper

  40. The real impact of financial crises. (2004). Quintin, Erwan ; Dressler, Scott ; Brandt, Elias.
    In: Economic and Financial Policy Review.
    RePEc:fip:fedder:y:2004:p:1-15:n:01.

    Full description at Econpapers || Download paper

  41. INNOVATION AND TECHNOLOGICAL EVOLUTION IN A WESTERN EUROPEAN COUNTRY – THE CASE OF PORTUGAL. (2003). Manso, Jose.
    In: Econometrics.
    RePEc:wpa:wuwpem:0301002.

    Full description at Econpapers || Download paper

  42. Technology Adoption Under Relative Factor Price Uncertainty: The Putty-Clay Investment Model. (2003). Kasahara, Hiroyuki.
    In: Working Papers.
    RePEc:qed:wpaper:1014.

    Full description at Econpapers || Download paper

  43. Energy, the Stock Market, and the Putty-Clay Investment Model. (2003). Wei, Chao.
    In: American Economic Review.
    RePEc:aea:aecrev:v:93:y:2003:i:1:p:311-323.

    Full description at Econpapers || Download paper

  44. COSTLY CAPITAL REALLOCATION AND ENERY USE. (2002). Puch, Luis ; Guilló, María ; Díaz, Antonia ; Diaz, Antonia ; Guillo, Maria Dolores.
    In: Working Papers. Serie AD.
    RePEc:ivi:wpasad:2002-14.

    Full description at Econpapers || Download paper

  45. Optimal Oil Taxation in a Small Open Economy. (2002). Manzano, Baltasar ; de Miguel, Carlos.
    In: Working Papers on International Economics and Finance.
    RePEc:fda:fdadef:02-03.

    Full description at Econpapers || Download paper

  46. Common Currencies versus Monetary Independence. (2002). Quadrini, Vincenzo ; Cooley, Thomas.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3436.

    Full description at Econpapers || Download paper

  47. Firms Cost Functions: A Reconstruction. (2001). Miller, Richard.
    In: Review of Industrial Organization.
    RePEc:kap:revind:v:18:y:2001:i:2:p:183-200.

    Full description at Econpapers || Download paper

  48. Costly capital reallocation and energy use. (2001). Puch, Luis ; Guilló, María ; Díaz, Antonia ; Guillo, Maria D..
    In: UC3M Working papers. Economics.
    RePEc:cte:werepe:we015215.

    Full description at Econpapers || Download paper

  49. A Monetary Explanation of the Great Stagflation of the 1970s. (2000). Kilian, Lutz ; barsky, robert.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7547.

    Full description at Econpapers || Download paper

  50. A Monetary Explanation Of The Great Stagflation Of The 1970s. (2000). Kilian, Lutz ; barsky, robert.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:2389.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-13 03:24:11 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.