References
[1]. Hamilton, J. D. (2009). Causes and consequences of the oil shock of 2007-08. Technical report, National Bureau of Economic Research.
[2]. Aghababa, H. and W. A. Barnett (2016). Dynamic structure of the spot price of crude oil: does time aggregation matter? Energy Economics 59, 227–237.
[3]. Narayan, P. K., D. H. B. Phan, and G. Liu (2021). Covid-19 lockdowns, stimulus packages, travel bans, and stock returns. Finance research letters 38, 101732.
[4]. Devpura, N. and P. K. Narayan (2020). Hourly oil price volatility: The role of covid-19. Energy Research Letters 1 (2), 13683.
[5]. Bruno, M. and J. Sachs (1982). Input price shocks and the slowdown in economic growth: the case of uk manufacturing. The Review of Economic Studies 49 (5), 679–705.
[6]. Hamilton, J. D. (1983). Oil and the macroeconomy since world war ii. Journal of political economy 91 (2), 228–248.
[7]. Davis, M. and J. D. Hamilton (2003). Why are prices sticky? the dynamics of wholesale gasoline prices.
[8]. Hooker, M. A. (2002). Are oil shocks inflationary? asymmetric and nonlinear specifications versus changes in regime. Journal of money, credit and banking, 540–561.
[9]. Shitile, T. S. (2020). Disaggregated inflation and asymmetric oil price passthrough in nigeria.
Cite this article
Hao,T. (2023). Crude Oil Price and Inflation in the US since Covid-19. Advances in Economics, Management and Political Sciences,16,182-188.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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References
[1]. Hamilton, J. D. (2009). Causes and consequences of the oil shock of 2007-08. Technical report, National Bureau of Economic Research.
[2]. Aghababa, H. and W. A. Barnett (2016). Dynamic structure of the spot price of crude oil: does time aggregation matter? Energy Economics 59, 227–237.
[3]. Narayan, P. K., D. H. B. Phan, and G. Liu (2021). Covid-19 lockdowns, stimulus packages, travel bans, and stock returns. Finance research letters 38, 101732.
[4]. Devpura, N. and P. K. Narayan (2020). Hourly oil price volatility: The role of covid-19. Energy Research Letters 1 (2), 13683.
[5]. Bruno, M. and J. Sachs (1982). Input price shocks and the slowdown in economic growth: the case of uk manufacturing. The Review of Economic Studies 49 (5), 679–705.
[6]. Hamilton, J. D. (1983). Oil and the macroeconomy since world war ii. Journal of political economy 91 (2), 228–248.
[7]. Davis, M. and J. D. Hamilton (2003). Why are prices sticky? the dynamics of wholesale gasoline prices.
[8]. Hooker, M. A. (2002). Are oil shocks inflationary? asymmetric and nonlinear specifications versus changes in regime. Journal of money, credit and banking, 540–561.
[9]. Shitile, T. S. (2020). Disaggregated inflation and asymmetric oil price passthrough in nigeria.