ECB paper analyses impact of oil shocks on exchange rates

ecb-frankfurt

A working paper, published by the European Central Bank on June 1, examines the impact of oil price shocks on the exchange rates between net exporters and importers of oil.

Authors Sascha Buetzer, Maurizio Michael Habib and Livio Stracca use a structural vector autoregression to differentiate between global demand, oil-specific demand and oil supply shocks. The empirical analysis suggests exchange rates of oil exporters do not systematically appreciate against those of oil importers following

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: