The Response of Business Fixed Investment to Changes in Energy Prices: A Test of Some Hypotheses about the Transmission of Energy Price Shocks

By P. Edelstein, Lutz Kilian. 2007

202 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/6766370b5d1d0948126eea9990a6ef33be5d8f19

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Citations in the corpus

Time Variation in the Inflation Passthrough of Energy Prices (2009, unknown): “However, the results in Edelstein and Kilian (2007, 2009) suggest that a linear and symmetric specification of energy price inflation is appropriate, and Hooker (2002) presents evidence that the declining impact of oil prices on core inflation in later years is robust to alternative nonlinear…”
Are the responses of the U.S. economy asymmetric in energy price increases and decreases (2011, background): “For a critical perspective on this literature, see Edelstein and Kilian (2007, 2009).”
How sensitive are consumer expenditures to retail energy prices (2009, methodology): “Second, Edelstein and Kilian (2007b)435 found no statistically significant evidence against symmetry in the nonresidential fixed investment436 responses.”
Oil Price Shocks: Causes and Consequences (2014, background): “Empirical evidence in Edelstein and Kilian (2007, 2009) confirms the presence of this effect, but only for automobile purchases.”
Asymmetries in the response of economic activity to oil price increases and decreases (2015, background): “[16] Edelstein, Paul and Lutz Kilian (2007), “The Response of Business Fixed Investment to Changes in Energy Prices: A Test of Some Hypotheses about the Transmission of Energy Price Shocks,” The B.”
NONLINEARITIES IN THE OIL PRICE–OUTPUT RELATIONSHIP (2010, background): “An interesting question for future research will be to determine to what extent that asymmetry is associated with specific expenditure components, building on Edelstein and Kilian (2007, 2009).”
THE ASYMMETRIC EFFECTS OF OIL PRICE SHOCKS (2011, methodology): “Hence, with p = 3 and q = 2 in equation (5), and f = g = 1 in equation (6), we estimate a total of 37 parameters.”
OIL PRICE SHOCKS AND INDUSTRIAL PRODUCTION: IS THE RELATIONSHIP LINEAR? (2011, background): “[8] Edelstein, Paul and Lutz Kilian (2007), "The Response of Business Fixed Investment to Changes in Energy Prices: A Test of Some Hypotheses About the Transmission of Energy Price Shocks", The B.”
Time-Varying Effects of Oil Supply Shocks on the US Economy (2008, unknown): “This evidence is striking, given the results presented in Edelstein and Kilian (2007a), Herrera and Pesavento (2007) and BG (2007), who nd a reduced impact on real output and consumer prices over time.”