Essays about: "asymmetric oil-macroeconomy relationship"

Found 1 essay containing the words asymmetric oil-macroeconomy relationship.

  1. 1. The oil price-macroeconomy relationship revisted

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Julius Hellström; Henrik Forsberg; [2016-07-01]
    Keywords : oil price shock; Financial stress; Asymmetric oil-macroeconomy relationship; IS LM-framework;

    Abstract : Our study aims to evaluate the Mundell-Fleming model ability to predict the effects from a oil price shock to output and interest rates by analyzing data, from the last thirty years, by using a VAR-model. Our results show an asymmetric effect between oil price and GDP growth while the oil price-interest rate relationship partly holds. READ MORE