Pažický, Martin - In: Národohospodářský obzor : časopis věnovaný … 21 (2021) 3, pp. 309-346
(policy rate) in the euro area has still not been sufficient to stabilize the economy in the recent period of monetary policy …The aim of this article is to investigate the consequences of oil price changes for the economy of the US and the euro … area. Oil price transmission channel is assessed using Granger causalities and structural vector autoregressive (VAR …