LEADER 05810nam 22007935 450 001 9910254870003321 005 20220413211152.0 010 $a4-431-55797-0 024 7 $a10.1007/978-4-431-55797-5 035 $a(CKB)3710000000611268 035 $a(EBL)4435668 035 $a(SSID)ssj0001690642 035 $a(PQKBManifestationID)16539175 035 $a(PQKBTitleCode)TC0001690642 035 $a(PQKBWorkID)15056012 035 $a(PQKB)25078804 035 $a(DE-He213)978-4-431-55797-5 035 $a(MiAaPQ)EBC4435668 035 $a(EXLCZ)993710000000611268 100 $a20160303d2016 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMonetary policy and the oil market /$fedited by Naoyuki Yoshino, Farhad Taghizadeh-Hesary 205 $a1st ed. 2016. 210 1$aTokyo :$cSpringer Japan :$cImprint: Springer,$d2016. 215 $a1 online resource (155 p.) 225 1 $aADB Institute Series on Development Economics,$x2363-9032 300 $aDescription based upon print version of record. 311 $a4-431-55796-2 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $a1 Introductory Remarks: What?s behind the Recent Oil Price Drop?           Naoyuki Yoshino and Farhad Taghizadeh-Hesary -- 2 Impact of Expansionary Monetary Policy on Crude Oil Prices Farhad Taghizadeh-Hesary and Naoyuki Yoshino -- 3 Which Side of the Economy Is Affected More by Oil Prices: Supply or Demand? Farhad Taghizadeh-Hesary and Naoyuki Yoshino -- 4 How Did Monetary Policy Inflate Oil Prices Following the Subprime Mortgage Crisis?   Naoyuki Yoshino and Farhad Taghizadeh-Hesary -- 5 Economic Impacts of Oil Price Fluctuations in Developed and Developing Economies   Farhad Taghizadeh-Hesary, Naoyuki Yoshino, and Abbas Assari-Arani -- 6 Monetary Policy in the Japanese Economy Incorporating  Energy Prices Naoyuki Yoshino and Farhad Taghizadeh-Hesary -- 7 Macroeconomic Impacts of  Oil Price Fluctuations in a Trade Linked Case Farhad Taghizadeh-Hesary, Naoyuki Yoshino, Ghahraman Abdoli, and Asadollah Farzinvash -- 8 Concluding Remarks Naoyuki Yoshino and Farhad Taghizadeh-Hesary -- Index Normal 0 false false false EN-US ZH-CN AR-SA /* Style Definitions */ table.MsoNormalTable {mso-style-name:????; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Cambria","serif"; mso-fareast-language:ZH-CN;}. 330 $aWhile oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating monetary policy. It also provides a complete theoretical basis of the determinants of crude oil prices and the transmission channels of oil shocks to the economy. Moreover, using several up-to-date surveys and examples from the real world, this book gives insight into the empirical side of energy economics. The empirical studies offer explanations for the impact of monetary policy on crude oil prices in different periods including during the subprime mortgage crisis of 2008?2009, the impact of oil price variations on developed and emerging economies, the effectiveness of monetary policy in the Japanese economy incorporating energy prices, and the macroeconomic impacts of oil price movements in trade-linked cases. This must-know information on energy economics is presented in a reader-friendly format without being overloaded with excessive and complicated calculations. 410 0$aADB Institute Series on Development Economics,$x2363-9032 606 $aMacroeconomics 606 $aEnergy policy 606 $aEnergy and state 606 $aFossil fuels 606 $aDevelopment economics 606 $aInternational economics 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aEnergy Policy, Economics and Management$3https://scigraph.springernature.com/ontologies/product-market-codes/112000 606 $aFossil Fuels (incl. Carbon Capture)$3https://scigraph.springernature.com/ontologies/product-market-codes/114000 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aInternational Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W33000 615 0$aMacroeconomics. 615 0$aEnergy policy. 615 0$aEnergy and state. 615 0$aFossil fuels. 615 0$aDevelopment economics. 615 0$aInternational economics. 615 14$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aEnergy Policy, Economics and Management. 615 24$aFossil Fuels (incl. Carbon Capture). 615 24$aDevelopment Economics. 615 24$aInternational Economics. 676 $a338.27282 702 $aYoshino$b Naoyuki$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aTaghizadeh-Hesary$b Farhad$4edt$4http://id.loc.gov/vocabulary/relators/edt 712 02$aAsian Development Bank Institute. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910254870003321 996 $aMonetary Policy and the Oil Market$92149521 997 $aUNINA