The Macroeconomic Effects of Oil Shocks in Three Latin American Economies

The Macroeconomic Effects of Oil Shocks in Three Latin American Economies

In this paper we study the impact of oil price shocks on real economic activity and inflation rates in three Latin American economies (Brazil, Colombia and Peru)  using a Vector AutoRegressive (VAR) model over the period 1991:M01-2014:M01. We also consider different oil shock specification....

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Bibliographic Details
Main Author: Alarcon Galarza, Juan Carlos (author)
Other Authors: Molero García, Juan Carlos (author), Pérez de Gracia, Fernando (author)
Format: article
Language:spa
Published: 2019
Subjects:
oil price shock
economic growth
inflation
Brazil
Colombia
Peru
VAR
Online Access:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/72
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https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/72

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