The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

International Dimensions of Monetary Policy

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Publisher : University of Chicago Press
ISBN 13 : 0226278875
Total Pages : 663 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis International Dimensions of Monetary Policy by : Jordi Galí

Download or read book International Dimensions of Monetary Policy written by Jordi Galí and published by University of Chicago Press. This book was released on 2010-03-15 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.

The Macroeconomic Effect of Petroleum Supply Disruptions

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Author :
Publisher :
ISBN 13 :
Total Pages : 530 pages
Book Rating : 4.:/5 (29 download)

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Book Synopsis The Macroeconomic Effect of Petroleum Supply Disruptions by : James Douglas Hamilton

Download or read book The Macroeconomic Effect of Petroleum Supply Disruptions written by James Douglas Hamilton and published by . This book was released on 1983 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Prices and the Global Economy

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Publisher : International Monetary Fund
ISBN 13 : 1475572360
Total Pages : 30 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Oil Prices and the Global Economy by : Mr.Rabah Arezki

Download or read book Oil Prices and the Global Economy written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2017-01-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.

Macroeconomic Effects of Petroleum Supply Interruptions

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Macroeconomic Effects of Petroleum Supply Interruptions by : William P. Curtis

Download or read book Macroeconomic Effects of Petroleum Supply Interruptions written by William P. Curtis and published by . This book was released on 1979 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Supply Disruptions

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Oil Supply Disruptions by : United States. General Accounting Office

Download or read book Oil Supply Disruptions written by United States. General Accounting Office and published by . This book was released on 1983 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Government Responses to Oil Supply Disruptions

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Publisher :
ISBN 13 :
Total Pages : 904 pages
Book Rating : 4.0/5 (17 download)

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Book Synopsis Government Responses to Oil Supply Disruptions by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book Government Responses to Oil Supply Disruptions written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1981 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Review of DOE's Response to the Committee Report on Emergency Preparedness

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Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Review of DOE's Response to the Committee Report on Emergency Preparedness by : United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee

Download or read book Review of DOE's Response to the Committee Report on Emergency Preparedness written by United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee and published by . This book was released on 1985 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Research Abstracts

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Publisher :
ISBN 13 :
Total Pages : 628 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Energy Research Abstracts by :

Download or read book Energy Research Abstracts written by and published by . This book was released on 1987 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt:

President's Proposed Revenue Increases

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Publisher :
ISBN 13 :
Total Pages : 174 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis President's Proposed Revenue Increases by : United States. Congress. Senate. Committee on Finance

Download or read book President's Proposed Revenue Increases written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1987 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Routledge Handbook of Major Events in Economic History

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Publisher : Routledge
ISBN 13 : 1135080798
Total Pages : 473 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Routledge Handbook of Major Events in Economic History by : Randall E. Parker

Download or read book Routledge Handbook of Major Events in Economic History written by Randall E. Parker and published by Routledge. This book was released on 2013-02-11 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Major Events in Economic History aims to introduce readers to the important macroeconomic events of the past two hundred years. The chapters endeavour to explain what went on and why during the most significant economic epochs of the nineteenth, twentieth and early twenty-first centuries and how where we are today fits in this historical timeline. Its short chapters reflect the most up-to-date research and are written by well-known economists who are authorities on their subjects. The Handbook of Major Events in Economic History was written with the intent of presenting the professional consensus in explaining the economics driving these historical events.

Peaking of World Oil Production

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Author :
Publisher : Nova Science Publishers
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Peaking of World Oil Production by : Robert Louis Hirsch

Download or read book Peaking of World Oil Production written by Robert Louis Hirsch and published by Nova Science Publishers. This book was released on 2007 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking. Dealing with world oil production peaking will be extremely complex, involve literally trillions of dollars and require many years of intense effort. To explore these complexities, three alternative mitigation scenarios are analysed: scenario I assumes that action is not initiated until peaking occurs; scenario II assumes that action is initiated 10 years before peaking; scenario III assumes action is initiated 20 years before peaking. For this analysis estimates of the possible contributions of each mitigation option were developed, based on an assumed crash program rate of implementation.

EIA Publications Directory

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis EIA Publications Directory by :

Download or read book EIA Publications Directory written by and published by . This book was released on 1977 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impacts of World Oil Market Shocks on the U.S. Economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Impacts of World Oil Market Shocks on the U.S. Economy by : William P. Curtis

Download or read book Impacts of World Oil Market Shocks on the U.S. Economy written by William P. Curtis and published by . This book was released on 1983 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Arctic National Wildlife Refuge (ANWR): Outlook for United States energy supplies

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Arctic National Wildlife Refuge (ANWR): Outlook for United States energy supplies by : United States. Congress. House. Committee on Interior and Insular Affairs. Subcommittee on Water and Power Resources

Download or read book Arctic National Wildlife Refuge (ANWR): Outlook for United States energy supplies written by United States. Congress. House. Committee on Interior and Insular Affairs. Subcommittee on Water and Power Resources and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Energy Security Act of 1991

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Publisher :
ISBN 13 :
Total Pages : 1100 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis National Energy Security Act of 1991 by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book National Energy Security Act of 1991 written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1991 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Energy Security Act of 1991: Title IX

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Publisher :
ISBN 13 :
Total Pages : 460 pages
Book Rating : 4.:/5 (51 download)

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Book Synopsis National Energy Security Act of 1991: Title IX by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book National Energy Security Act of 1991: Title IX written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 1991 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: