Bebee, Jared; Hunt, Ben - In: National Institute Economic Review 199 (2007) 1, pp. 114-125
This paper uses a variant of the IMF's Global Economy Model (GEM) to examine the macroeconomic impact of the rise in energy prices since the end of 2003 in the Euro Area, the United Kingdom and the United Sates. The analysis illustrates how the impact varies across these countries based on their...