Second-round effects after oil-price shocks: Evidence for the euro area and Germany

We investigate second-round effects caused by oil-price shocks, calculating wage responses net of those movements that are induced through CPI changes. Results show no strong evidence for second-round effects in the euro area, and even less so in Germany. •We estimate second-round effects (SRE) on w...

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Bibliographic details
Volume: 159
Main Author: Enders, Almira
Enders, Zeno
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: LAUSANNE Elsevier B.V 01.10.2017
ELSEVIER SCIENCE SA
published in: Economics letters Vol. 159; pp. 208 - 213
Data of publication: October 2017
ISSN: 0165-1765
1873-7374
EISSN: 1873-7374
Discipline: Economics
Subjects:
E31
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2017
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