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- Title
Oil Prices, Financial Markets, and Global Central Banking.
- Authors
Digiammerino, Mark; Kazemi, Hossein S.; Ogus, Ayla
- Abstract
The article reports on the effects of oil prices on economic activities and inflation. Vector autoregressions will be used to show the direct impact of oil prices in the economy. Oil prices also have indirect impacts on interest rates and stock values. Linear and nonlinear models will also be used to show the impact of oil prices on monetary policies.
- Subjects
PETROLEUM product sales &; prices; ECONOMIC activity; PRICE inflation; STOCK prices; INTEREST rates; REGRESSION analysis; MONETARY policy
- Publication
International Advances in Economic Research, 2006, Vol 12, Issue 3, p430
- ISSN
1083-0898
- Publication type
Article
- DOI
10.1007/s11294-006-9034-2