Article ID Journal Published Year Pages File Type
5061826 Economics Letters 2008 4 Pages PDF
Abstract

We investigate a DSGE economy's response to energy price hikes for changing firm and household energy shares over the 1970-2005 period. Simulation results indicate that the economy's output response is mainly determined by the firm rather than the household share.

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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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What determines the output drop after an energy price increase: Household or firm energy share?
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