Revisiting the impacts of oil price increases on monetary policy implementation in the largest oil importers*

  • Nurtac Yildirim, Oguzhan Ozcelebi, Seval Ozkan
  • Published 2015

Abstract

The aim of this paper is to test the impacts of oil price increases on monetary policy implementation in the largest oil importers. For that purpose, we estimate structural vector error correction (SVEC) models to show the impacts of oil price increases on industrial production, consumer prices and immediate interest rates which are the elements of Taylor… (More)

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Cite this paper

@inproceedings{Yildirim2015RevisitingTI, title={Revisiting the impacts of oil price increases on monetary policy implementation in the largest oil importers*}, author={Nurtac Yildirim and Oguzhan Ozcelebi and Seval Ozkan}, year={2015} }