Hidden Bibliographic Details
| Other authors / contributors: | Isard, Peter.
Laxton, Douglas.
International Monetary Fund. Research Department.
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| ISBN: | 1451891172
9781451891171
1281604194
9781281604194
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| Notes: | Includes bibliographical references (pages 45-46).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Oil prices have risen very sharply over the past two years after declining to a 25-year low in February 1999. The change between early 1999 and the peak in September 2000 was the fourth major increase during the past three decades. 2 Given the macroeconomic developments that followed the oil shocks of the 1970s, the recent behavior of oil prices, which remain well above the average for the past two decades, has generated concerns about the prospects for world growth and inflation and integrally-related questions about the appropriate way for monetary policy to respond.
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| Other form: | Print version: Hunt, Ben, 1958- Macroeconomic effects of higher oil prices. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2001
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