How does the European Central Bank react to oil prices?

Guillaume L'oeillet; Julien Licheron

doi:10.1016/j.econlet.2012.04.035

How does the European Central Bank react to oil prices?

Guillaume L'oeillet, Julien Licheron

Urban Development & Mobility

Résultats de recherche: Contribution à un journal › Article › Revue par des pairs

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.

langue originale	Anglais
Pages (de - à)	445-447
Nombre de pages	3
journal	Economics Letters
Volume	116
Numéro de publication	3
Les DOIs	https://doi.org/10.1016/j.econlet.2012.04.035
état	Publié - 1 sept. 2012

mots-clés

oil prices
monetary policy
nonlinearity

Accès au document

10.1016/j.econlet.2012.04.035

Contient cette citation

@article{ca3e991d196147d39ca2e7b7e84afbd0,

title = "How does the European Central Bank react to oil prices?",

abstract = "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.",

keywords = "oil prices, monetary policy, nonlinearity",

author = "Guillaume L'oeillet and Julien Licheron",

year = "2012",

month = sep,

day = "1",

doi = "10.1016/j.econlet.2012.04.035",

language = "English",

volume = "116",

pages = "445--447",

journal = "Economics Letters",

issn = "0165-1765",