Economics, Econometrics and Finance
6 years ago

Oil prices impact inflation rates differently over time, study finds.

Studies in computational intelligence
Time-Varying Spillover Effect Among Oil Price and Macroeconomic Variables
Worrawat Saijai, Woraphon Yamaka, Paravee Maneejuk, Songsak Sriboonchitta

Paper Summary

The article examines how changes in oil prices affect things like inflation, interest rates, exchange rates, and money supply. By using a special model, the researchers found that the impact of oil prices on these variables can change over time. Some variables are more affected by oil prices than others, and this relationship is not always the same.

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