Systematic Monetary Policy and the Effects of Oil Price Shocks

Bernanke et al. (Wed,) studied this question.

www.synapsesocial.com/papers/69d844528cb8f39931ae2b4f — DOI: https://doi.org/10.2307/2534702

Also consider

Synapse has enriched 3 closely related papers on similar clinical questions. Consider them for comparative context:

1. Price of oil and world inflation and recession· 1981 · 430 citations
2. Monetary and Fiscal Actions: A Test of Their Relative Importance in Economic Stabilization· 1986 · 71 citations
3. Tests of the Hypothesis That a Linear Regression System Obeys Two Separate Regimes· 1960 · 1,136 citations