Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2023
-Augmented Vector Autoregression model for each country and assess the importance of several global (demand, supply, and oil price) and … typical economy. Oil price shocks accounted for only about 4 percent of inflation variation, but they had a statistically … inflation variation over time. The share of inflation variance caused by oil price shocks increased from 4 percent prior to 2000 …