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WHY ARE THE 2000s SO DIFFERENT FROM THE 1970s? A STRUCTURAL INTERPRETATION OF CHANGES IN THE MACROECONOMIC EFFECTS OF OIL PRICES
16 references·16 citing·38 second hopsampled
WHY ARE THE 2000s SO DIFFERENT FROM THE 1970s? A STRUCTURAL INTERPRETATION OF CHANGES IN THE MACROECONOMIC EFFECTS OF OIL PRICES (2013)WHY ARE THE 2000s SO DIFFERENT FROM THE 1…Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market (2009)Not All Oil Price Shocks Are …Why Has U.S. Inflation Become Harder to Forecast? (2007)Why Has U.S. Inflation Become…Real Wage Rigidities and the New Keynesian Model (2007)Real Wage Rigidities and the …The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models (2005)The Sensitivity of Long-Term …Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…What is an Oil Shock? (2000)What is an Oil Shock?Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules and Mac…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…This is what happened to the oil price-macroeconomy relationship (1996)This is what happened to the …Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Oil and the Macroeconomy When Prices Go Up and Down: An Extension of Hamilton's Results (1989)Oil and the Macroeconomy When…Economics of Worldwide Stagflation (1985)Economics of Worldwide Stagfl…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…Oil and the Macroeconomy since World War II (1983)Oil and the Macroeconomy sinc…The Solution of Linear Difference Models under Rational Expectations (1980)The Solution of Linear Differ…Oil prices and economic policy uncertainty: Evidence from a nonparametric panel data model (2019)Oil prices and economic polic…International crude oil prices and the stock prices of clean energy and technology companies: Evidence from non-linear cointegration tests with unknown structural breaks (2016)International crude oil price…The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses (2015)The Great Plunge in Oil Price…Public–private wage differentials in euro-area countries: evidence from quantile decomposition analysis (2015)Public–private wage different…Modeling energy price dynamics: GARCH versus stochastic volatility (2015)Modeling energy price dynamic…INEQUALITY AND TRUST: NEW EVIDENCE FROM PANEL DATA (2015)INEQUALITY AND TRUST: NEW EVI…House price cycles in emerging economies (2015)House price cycles in emergin…What Is a Prime Bank? A Euribor–OIS Spread Perspective (2014)What Is a Prime Bank? A Eurib…The cost of firms’ debt financing and the global financial crisis (2014)The cost of firms’ debt finan…Don't stand so close to me: The urban impact of immigration (2014)Don't stand so close to me: T…The Italian financial cycle: 1861–2011 (2013)The Italian financial cycle: …The Impact of Monetary Policy Shocks on Commodity Prices (2012)The Impact of Monetary Policy…Mapping Local Productivity Advantages in Italy: Industrial Districts, Cities or Both? (2012)Mapping Local Productivity Ad…Immigration, Jobs and Employment Protection: Evidence from Europe before and during the Great Recession (2012)Immigration, Jobs and Employm…How Sticky are Local Expenditures in Italy? Assessing the Relevance of the 'Flypaper Effect' Through Municipal Data (2012)How Sticky are Local Expendit…Family Background, Self-Confidence and Economic Outcomes (2012)Family Background, Self-Confi…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Output Fluctuations in the United States: What Has Changed since the Early 1980's?Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)Facts and Fantasies about Commodity Futures (2006)The Economic Effects of Energy Price Shocks (2008)THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET* (2009)The monetary dynamics of hyperinflation (1956)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Solving Linear Rational Expectations Models (2002)Solving dynamic general equilibrium models using a second-order approximation to the policy function (2003)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Macroeconomics and Reality (1980)Comparing alternative tests of causality in temporal systems (1983)Oil price shocks and stock market activity (1999)Atheoretical macroeconometrics: A critique (1985)Systematic Monetary Policy and the Effects of Oil Price Shocks (1997)THE ROLE OF INVENTORIES AND SPECULATIVE TRADING IN THE GLOBAL MARKET FOR CRUDE OIL (2013)Oil prices, US stock return, and the dependence between their quantiles (2015)Econometric policy evaluation: A critique (1976)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Inflation dynamics: A structural econometric analysis (1999)The Science of Monetary Policy: A New Keynesian Perspective (1999)The Role of Monetary Policy (1995)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Impact of Uncertainty Shocks (2009)Has the Business Cycle Changed and Why? (2002)Risk Matters: The Real Effects of Volatility Shocks (2011)Risk Premiums in Dynamic Term Structure Models with Unspanned Macro Risks (2013)Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data (2017)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2009Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market4,637 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1983Oil and the Macroeconomy since World War II3,823 cited
  • 1980The Solution of Linear Difference Models under Rational Expectations2,412 cited
  • 2000What is an Oil Shock?2,194 cited
  • 2007Why Has U.S. Inflation Become Harder to Forecast?1,719 cited
  • 1996This is what happened to the oil price-macroeconomy relationship1,684 cited
  • 1989Oil and the Macroeconomy When Prices Go Up and Down: An Extension of Hamilton's Results1,557 cited
  • 1985Economics of Worldwide Stagflation1,296 cited
  • 2007Real Wage Rigidities and the New Keynesian Model1,128 cited
  • 2005The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models

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1,004 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • Cited by

    • 2016International crude oil prices and the stock prices of clean energy and technology companies: Evidence from non-linear cointegration tests with unknown structural breaks361 cited
    • 2012The Impact of Monetary Policy Shocks on Commodity Prices314 cited
    • 2015The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses276 cited
    • 2012How Sticky are Local Expenditures in Italy? Assessing the Relevance of the 'Flypaper Effect' Through Municipal Data248 cited
    • 2015House price cycles in emerging economies228 cited
    • 2014Don't stand so close to me: The urban impact of immigration227 cited
    • 2019Oil prices and economic policy uncertainty: Evidence from a nonparametric panel data model214 cited
    • 2015INEQUALITY AND TRUST: NEW EVIDENCE FROM PANEL DATA210 cited
    • 2015Public–private wage differentials in euro-area countries: evidence from quantile decomposition analysis199 cited
    • 2015Modeling energy price dynamics: GARCH versus stochastic volatility194 cited
    • 2013The Italian financial cycle: 1861–2011188 cited
    • 2014What Is a Prime Bank? A Euribor–OIS Spread Perspective175 cited
    • 2012Immigration, Jobs and Employment Protection: Evidence from Europe before and during the Great Recession175 cited
    • 2014The cost of firms’ debt financing and the global financial crisis170 cited
    • 2012Mapping Local Productivity Advantages in Italy: Industrial Districts, Cities or Both?169 cited
    • 2012Family Background, Self-Confidence and Economic Outcomes166 cited