Monetary policy and the effect of the oil prices pass-through to inflation
The paper examines the impact of oil price shocks on inflation, as well as the impact of the choice of the monetary policy regime on the strength of this influence. We used dynamic models on panel data for the countries of the world for 2000–2017. It is shown that the impact of changes in oil prices...
Main Authors: | Philipp Kartaev, Ilya Medvedev |
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Format: | Article |
Language: | English |
Published: |
Voprosy Ekonomiki
2019-10-01
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Series: | Russian Journal of Economics |
Online Access: | https://rujec.org/article/47349/download/pdf/ |
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