Oil Price Shocks : Can they Account for the Stagflation in the 1970's?

Can they Account for the Stagflation in the 1970's?

Oil Price Shocks : Can they Account for the Stagflation in the 1970's?
Using a variant of the IMF's Global Economy Model (GEM), featuring energy as both an intermediate input into production and a final consumption good, this paper examines the macroeconomic implications of large increases in the price of energy. Within a fully optimizing framework with nominal and real rigidities arising from costly adjustment, large READ MORE...

Publication date: November 2005
ISBN 9781451862348
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: November 2005

PDF

Publication date: November 2005

ePub

Publication date: November 2005

Mobi

Publication date: November 2005

English