Asymmetric Impacts of International Oil Shocks on Domestic Growth Rate and Inflation
Oil shocks are unobserved variables. The impacts of oil shocks on macroeconomic variables may be different on how they are defined. Oil shocks are defined as both a price and an oil production shortfall criterion. This paper seeks to compare and analyze the impacts that oil shocks as defined by thes...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2005-12-01
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| Series: | East Asian Economic Review |
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| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2005.9.2.148 |