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Volumn 16, Issue 2, 2012, Pages 240-277

Oil shocks and optimal monetary policy

Author keywords

Endogenous Trade Off; Oil Price Shocks; Optimal Monetary Policy; Second Order Solution; Welfare

Indexed keywords


EID: 84859141438     PISSN: 13651005     EISSN: 14698056     Source Type: Journal    
DOI: 10.1017/S1365100510000106     Document Type: Article
Times cited : (47)

References (13)
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  • 4
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    • The macroeconomic effects of oil price shocks: Why are the 2000s so different from the 1970s?
    • In Jordi Galí and Mark Gertler (eds.), (Chicago, IL): University of Chicago Press
    • Blanchard, Olivier and Jordi Galí (2010) The macroeconomic effects of oil price shocks: Why are the 2000s so different from the 1970s?. In Jordi Galí and Mark Gertler (eds.), International Dimensions of Monetary Policy, pp. 373-421. (Chicago, IL): University of Chicago Press.
    • (2010) International Dimensions of Monetary Policy , pp. 373-421
    • Blanchard, O.1    Galí, J.2
  • 6
    • 0040364531 scopus 로고    scopus 로고
    • The science of monetary policy: A new keynesian perspective
    • Clarida, Richard H., Jordi Gali, and Mark Gertler (1999) The science of monetary policy: A new Keynesian perspective. Journal of Economic Literature 37(4), 1661-1707.
    • (1999) Journal of Economic Literature , vol.37 , Issue.4 , pp. 1661-1707
    • Clarida, R.H.1    Gali, J.2    Gertler, M.3
  • 7
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    • Monetary policy rules and macroeconomic stability: Evidence and some theory
    • Clarida, Richard H., Jordi Gali, and Mark Gertler (2000) Monetary policy rules and macroeconomic stability: Evidence and some theory. Quarterly Journal of Economics 115 (1), 147-180.
    • (2000) Quarterly Journal of Economics , vol.115 , Issue.1 , pp. 147-180
    • Clarida, R.H.1    Gali, J.2    Gertler, M.3
  • 9
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    • Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market
    • Kilian, Lutz (2009) Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market. American Economic Review, 99(3), 1053-1069.
    • (2009) American Economic Review , vol.99 , Issue.3 , pp. 1053-1069
    • Kilian, L.1
  • 10
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    • Monetary policy tradeoffs with a dominant oil producer
    • Nakov, Anton and Andrea Pescatori (2010) Monetary policy tradeoffs with a dominant oil producer. Journal of Money, Credit and Banking 42(1), 1-32.
    • (2010) Journal of Money, Credit and Banking , vol.42 , Issue.1 , pp. 1-32
    • Nakov, A.1    Pescatori, A.2
  • 12
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    • An optimization-based econometric framework of the evaluation of monetary policy
    • Rotemberg, Julio J. and Michael Woodford (1997) An optimization-based econometric framework of the evaluation of monetary policy. NBER Macroeconomics Annual 12, 297-346.
    • (1997) NBER Macroeconomics Annual , vol.12 , pp. 297-346
    • Rotemberg, J.J.1    Woodford, M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.