Venäjän öljyn tuotanto ja vienti kasvoivat vuonna 2022 edellisvuoteen verrattuna. Vienti EU-maihin supistui jonkin verran, vaikka venäläiseen raakaöljyyn kohdistuvat tuontirajoitukset tulivat voimaan vasta joulukuussa. Raakaöljylle löytyi kuitenkin korvaavia markkinoita Aasiasta....

This paper examines the global drivers of inflation in 55 countries over the 1970-2022 period. We estimate a Factor-Augmented Vector Autoregression model for each country and assess the importance of several global (demand, supply, and oil price) and domestic shocks. We report three main...

In this article, I analyze whether German gasoline stations passed on the gasoline tax reduction to consumers. I use a difference-in-differences approach with France as the control group, as well as data for all countries in the European Union. The German fuel discount was in effect from June to...

This study tests for structural breaks in the oil price-stock price nexus during the Russia-Ukraine War, with evidence from Asia. We find evidence of structural breaks in these economies. Also, the regression results from the different regimes show that the spillover effects intensify in some...

This paper examines the global drivers of inflation in 55 countries over the 1970–2022 period. We estimate a Factor-Augmented Vector Autoregression model for each country and assess the importance of several global (demand, supply, and oil price) and domestic shocks. We report three main...