Monetary policy in a gas-TANK

2 Aug 2024

Jenny Chan, Sebastian Diz and Derrick Kanngiesser In recent years, increases in global energy prices have posed significant challenges for net energy importers such as the UK or the euro area. In addition to the inflationary impact, increases in the relative price of energy imply a decline in real incomes for the energy importers. In … Continue reading Monetary policy in a gas-TANK →
energy monetary policy energy prices new keynesian tank household heterogeneity

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