We estimate the oil price pass-through into consumer prices both in the U.S. and in the euro area. In particular, we disentangle the specific effect that an oil price change might have on each disaggregate price, from the effect on all prices that an oil price change might have since ...
Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the distinction between energy and non-energy inflation. To ...
Fig. 1. Oil price developments.Source: Bloomberg, CBRT. Many studies in the literature point out to a limited or negligible impact of oil prices on inflation. Besides, they document a decline in the pass-through over time, which appears to be a common phenomenon especially for industrialized ...
This study is more closely related to studies of oil price pass-through to domestic prices. For example, Chen (2009) uses time-varying parameter models to oil price pass-through to domestic CPI inflation for 19 developed Dataset on daily gasoline prices As already discussed in the introduction,...
The impact in energy-intensive sectors could be reflected in margin erosion—though some firms may be able to pass these costs onto the consumer by increasing the final price. As such, second-order effects from a protracted period of high oil prices could pose a higher ris...
The Suez Canal, which is the most used alternative to Cape travel for container vessels heading for Europe,had begun to record a pick-up in trade after the Chinese lunar new year. On Wednesday, analysts said five laden liquefied natural gas (LNG) tankers were unable ...
Some companies have more of an ability to pass those costs on to customers. Those who have to eat more of the higher costs stand to see their share price decline. Also, the higher inflation can prompt the Federal Reserve to hike interest rates, which makes corporate borrowing more expensive...
ffect Inflation.]]>Reports on the performance of the bond market in the United States on March 27, 2000. Price of the 30-year Treasury bond; Bonds of Winstar Communications Inc.; Global securities offered by the Tennessee Valley Authority.Wall Street Journal - Eastern Edition...
The UK government said oil makes up 44% of Russian exports and 17% of federal government revenue through taxation America, which had previously floated the idea of an oil ban over the weekend, is acting more swiftly than its allies - with European nations more ...
Oil price pass-through into inflation Energy Econ. (2009) NarayanP.K.et al. Understanding the oil price-exchange rate nexus for the fiji islands Energy Econ. (2008) SariR.et al. Dynamics of oil price, precious metal prices, and exchange rate ...