How does the European Central Bank react to oil prices?
Guillaume L'Oeillet
(1)
,
Julien Licheron
(2)
Guillaume L'Oeillet
- Fonction : Auteur
- PersonId : 9480
- IdHAL : guillaume-loeillet
- ORCID : 0000-0002-1996-9204
- IdRef : 148474136
Résumé
Monetary policy may constitute a short-term explanation of the non-linearity in the relationship between oil prices and output. The role of oil prices in the ECB reaction is thus investigated with an extended Taylor rule including several oil prices indicators.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
How does the European Central Bank react to oil prices?
|
Résumé |
en
Monetary policy may constitute a short-term explanation of the non-linearity in the relationship between oil prices and output. The role of oil prices in the ECB reaction is thus investigated with an extended Taylor rule including several oil prices indicators.
|
Auteur(s) |
Guillaume L'Oeillet
1
, Julien Licheron
2
1
IREA -
Institut de Recherche sur les Entreprises et les Administrations
( 185331 )
- Faculté de Droit, des Sciences Economiques et de Gestion (DSEG) 1, rue de la Loi 56017 VANNES CEDEX
- France
2
CEPS/INSTEAD -
Centre d'Etudes de Populations, de Pauvreté et de Politiques Socio-Economiques / International Networks for Studies in Technology, Environment, Alternatives, Development
( 176284 )
- CEPS/INSTEAD 3, avenue de la Fonte L-4364 Esch-sur-Alzette
- Luxembourg
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2012-09
|
Volume |
116
|
Numéro |
3
|
Page/Identifiant |
445-447
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
Oil prices, monetary policy, nonlinearity
|
DOI | 10.1016/j.econlet.2012.04.035 |
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