Does the Fed Respond to Oil Price Shocks
By Lutz Kilian, Logan T. Lewis. 2011
393 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/6ce394bc1b06ce28f9bd610717ee0e0f721bbf0e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- George Filis
- Stavros Degiannakis *
- Ioannis Chatziantoniou
- Lutz Kilian
- Nikolaos Antonakakis
- D. Broadstock
- Marco J. Lombardi
- Renatas Kizys
In Renewable Energy, Sustainability and the Environment
- George Filis
- Stavros Degiannakis *
- Ioannis Chatziantoniou
- Nikolaos Antonakakis
- D. Broadstock
- Marco J. Lombardi
- Lutz Kilian
- L. Lagalo
Citations in the corpus
- Oil and stock returns: Evidence from European industrial sector indices in a time-varying environment (2013, neutral): “Other authors who have considered the origin of the oil price shocks in their studies include Kilian and Lewis (2011), Filis et al. (2011), Apergis and Miller (2009), Lescaroux and Mignon (2009), Kilian (2008a) and Barsky and Kilian (2004), among others.”
- The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses (2015, neutral): “For instance, Kilian and Lewis (2011) argue that, once the endogeneity of oil price movements is taken into account, there is no empirical support for a significant role of the monetary policy in amplifying the effects of oil price shocks on the U.S. economy.”
- Dynamic spillovers of oil price shocks and economic policy uncertainty (2014, background): “…authors have documented the significance of disentangling oil price shocks in order to assess their true impact on the economy (see, among others, Degiannakis et al., 2014; Baumeister and Peersman, 2013; Lippi and Nobili, 2012; Kilian and Lewis, 2011; Filis et al., 2011; Kilian and Park, 2009).”
- The Impact of Monetary Policy Shocks on Commodity Prices (2012, positive): “Kilian and Lewis (2011), however, report no evidence of a systematic Federal Reserve reaction to oil shocks after 1987.”
- Monetary Policy Responses to Oil Price Fluctuations (2012, background): “Recent research has shown their empirical analysis to be flawed and the theoretical premise of their analysis to be questionable (see, e.g., Kilian and Lewis (2011) and the references therein).”