Yoshino, Naoyuki (ed.); Taghizadeh-Hesary, Farhad (ed.) - Asian Development Bank Institute - 2016
While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary … crisis of 2008-2009, the impact of oil price variations on developed and emerging economies, the effectiveness of monetary … policy in the Japanese economy incorporating energy prices, and the macroeconomic impacts of oil price movements in trade …