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Article dans une revue Economics Letters Année : 2012

How does the European Central Bank react to oil prices?

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.
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Dates et versions

halshs-01141297, version 1 (11-04-2015)

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Guillaume L'Oeillet, Julien Licheron. How does the European Central Bank react to oil prices?. Economics Letters, 2012, 116 (3), pp.445-447. ⟨10.1016/j.econlet.2012.04.035⟩. ⟨halshs-01141297⟩
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