Macroeconomics impacts of energy shocks /
Large-scale macroeconomic models have been used extensively to analyze a wide range of important economic issues. They were originally developed to study the economy's response to monetary and fiscal policies. During the 1970s these models were expanded and revised to track the inflationary pro...
| Corporate Author: | |
|---|---|
| Other Authors: | , , |
| Format: | eBook |
| Language: | English |
| Published: |
Amsterdam :
North-Holland,
1987.
|
| Series: | Contributions to economic analysis ;
163. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Large-scale macroeconomic models have been used extensively to analyze a wide range of important economic issues. They were originally developed to study the economy's response to monetary and fiscal policies. During the 1970s these models were expanded and revised to track the inflationary processes and to incorporate key energy variables so that they could be used to examine the impacts of energy price shocks.This study compares the responses of 14 prominent macroeconomic models to supply-side shocks in the form of sudden energy price increases or decreases and to policies for lessening the. |
|---|---|
| Physical Description: | 1 online resource (350 pages) |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9781483295459 1483295451 9781322472539 132247253X |