Álvarez, Luis J.; Hurtado, Samuel; Sánchez, Isabel; … - In: Economic Modelling 28 (2011) 1-2, pp. 422-431
This paper assesses the impact of oil price changes on Spanish and euro area consumer price inflation. We find that the inflationary effect of oil price changes in both economies is limited, even though crude oil price fluctuations are a major driver of inflation variability. The impact on...
