#2536. Asymmetries in the transmission of oil price shocks to inflation in the eurozone

March 2027publication date
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Journal’s subject area:
Economics and Econometrics;
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Abstract:
The article analyzes how the inflationary environment in which the oil price shock occurs affects its transmission. The results show that the inflationary environment is a determining factor in how oil supply shocks and oil demand shocks are transmitted to inflation, with positive shocks showing higher transmission in a high inflation environment.
Keywords:
Asymmetry; Inflation; Oil price shocks

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