Celasun, Oya; Ratnovski, Lev; Mihet, Roxana - International Monetary Fund (IMF) - 2012
the post-crisis period, and robust to controlling for measures of liquidity risk premia. Oil price shocks are also … correlated with the variance of longer-term inflation expectations in the University of Michigan Survey of Consumers in the post-crisis … period. These results are not attributable to looser monetary policy - oil price increases were associated with expectations …