Second-round effects after oil-price shocks: evidence for the euro area and Germany
We investigate second-round effects caused by oil-price shocks, calculating wage responses net of those movements that are induced through CPI changes. Results show no strong evidence for second-round effects in the euro area, and even less so in Germany.
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| Main Authors: | , |
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| Format: | Article (Journal) |
| Language: | English |
| Published: |
15August2017
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| In: |
Economics letters
Year: 2017, Volume: 159, Pages: 208-213 |
| ISSN: | 0165-1765 |
| DOI: | 10.1016/j.econlet.2017.08.017 |
| Online Access: | Verlag, Volltext: http://dx.doi.org/10.1016/j.econlet.2017.08.017 Verlag, Volltext: http://www.sciencedirect.com/science/article/pii/S0165176517303403 |
| Author Notes: | Almira Enders, Zeno Enders |
| Summary: | We investigate second-round effects caused by oil-price shocks, calculating wage responses net of those movements that are induced through CPI changes. Results show no strong evidence for second-round effects in the euro area, and even less so in Germany. |
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| Item Description: | Gesehen am 20.11.2017 |
| Physical Description: | Online Resource |
| ISSN: | 0165-1765 |
| DOI: | 10.1016/j.econlet.2017.08.017 |