Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/70706 
Erscheinungsjahr: 
2007
Schriftenreihe/Nr.: 
Working Paper No. 2007-20
Verlag: 
Federal Reserve Bank of Atlanta, Atlanta, GA
Zusammenfassung: 
During the past thirty-five years, energy use as a fraction of output has dropped significantly at both the household and the firm levels. Therefore, we investigate a dynamic stochastic generalized equilibrium model economy's response to an energy price hike for different firm and household energy shares. Simulation results indicate that the economy's output response is mainly determined by the firm energy share. Increasing the household energy share while keeping firm energy share constant actually decreases the output response.
Schlagwörter: 
energy prices
business cycles
durable goods
JEL: 
E32
Q43
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
262.05 kB





Publikationen in EconStor sind urheberrechtlich geschützt.