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How much of the fall in inflation can be explained by energy and import prices?

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  • Andrew Lee Smith

Abstract

A. Lee Smith finds that recent declines in inflation may be due to historically large movements in oil prices and the foreign exchange value of the dollar.

Suggested Citation

  • Andrew Lee Smith, 2016. "How much of the fall in inflation can be explained by energy and import prices?," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, January.
    • Handle: RePEc:fip:fedkmb:00035
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    File URL: https://www.kansascityfed.org/~/media/files/publicat/research/macrobulletins/mb16smith0115.pdf
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    References listed on IDEAS

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    1. Lutz Kilian, 2009. "Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market," American Economic Review, American Economic Association, vol. 99(3), pages 1053-1069, June.
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    Cited by:

    1. George A. Kahn & Nicholas Sly, 2017. "Subsiding Headwinds from the Strong Dollar: Evidence from Producer Prices along the Supply Chain," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-6, July.
    2. Yantao Gao & Xilong Yao & Wenxi Wang & Xin Liu, 2019. "Dynamic effect of environmental tax on export trade: Based on DSGE mode," Energy & Environment, , vol. 30(7), pages 1275-1290, November.

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