教師資料查詢 | 類別: 期刊論文 | 教師: 倪衍森 NI, YEN-SEN (瀏覽個人網頁)

標題:The effects of oil prices on inflation, interest rates and money
學年99
學期2
出版(發表)日期2011/07/01
作品名稱The effects of oil prices on inflation, interest rates and money
作品名稱(其他語言)
著者Wu, Man-hwa; Ni, Yen-sen
單位淡江大學管理科學學系
出版者London: Elsevier Ltd
著錄名稱、卷期、頁數Energy 36(7), pp.4158-4164
摘要Recently, most of the relevant studies (see, e.g. Atukeren [5], Ayadi [6], Roeger [38], Trehan [44], Bermingham [7], Oladosu [34]) have focused on oilprice shocks to the economy variables such as GDP, interestrates, inflation, and industrial production, but few studies have focused on external shocks to the possible reaction of monetary policies. Thus, this paper includes money variables in empirical models and investigates the relationships among oilprices, inflation, interestrates and money. The monetary policy might take time to be effective, so the concerns of lag-chosen issues will be vital issues from the aspect of this research. Then, different lag-chosen criteria and symmetric and asymmetric lag-lengths chosen are placed in a stressed situation in this study with regard to monetary lag concerns. We find that the empirical results are quite robust concerning various lag-chosen criteria, symmetric and asymmetric models, and different time series models. So, it implies that monetary policies still matter after accounting for the oilprices, the energetic variable, with the above robustness concerns.
關鍵字Monetary policy;Oil price;Lag-chosen criteria
語言英文
ISSN0360-5442
期刊性質國外
收錄於SCI;
產學合作
通訊作者Wu, Man-Hwa
審稿制度
國別英國
公開徵稿
出版型式,紙本
相關連結
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