Tx 45e1e66136fc5e967cb62e29f3735d6161064508@68318439
Included in block
68,318,439
at 2022-09-29 00:45:21 (UTC)
Raw transaction
ref_block_num | 29,910 |
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ref_block_prefix | 2,825,511,500 |
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expiration | 2022-09-29 00:55:18 |
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operations | 0. | 0. | comment |
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1. | parent_author | "" |
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parent_permlink | inflation |
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author | zafrada |
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permlink | inflation-effects-from-negative-oil-supply-shock |
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title | "Inflation effects from negative oil supply shock." |
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body | "
![image.png](https://files.peakd.com/file/peakd-hive/zafrada/23wCbbxA7S5StY72iTCVyKDBbon7fAqig38oGjuqCzEXBfMSWeKXfioaSh5nU1YeVDeLq.png)
Neat charts looking at the inflation effects of a negative oil supply shock.
For core inflation (inflation that excludes food and energy), an oil supply shock doesn't really worsen core inflation. The pass-through effect of an oil price shock is offset by a decrease in demand caused by the oil shock.
For headline inflation on the other hand, the oil supply shock has a large supply effect on inflation. Though there is some demand effect on inflation too and this is driven by a substitution to non-oil fuels.
![image.png](https://files.peakd.com/file/peakd-hive/zafrada/23tcNhoQ1h5pfRixbAig5ku21aTn3MbWDF8LBxip1YEkgG7mb96d97WHWKm5gkhNUyufw.png)
Charts from this paper:
https://www.frbsf.org/economic-research/publications/working-papers/2022/18/?amp=1" |
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json_metadata | {"app":"peakd/2022.07.1","format":"markdown","tags":["inflation","oil","supply","shock","fuel"],"users":[],"image":["https://files.peakd.com/file/peakd-hive/zafrada/23wCbbxA7S5StY72iTCVyKDBbon7fAqig38oGjuqCzEXBfMSWeKXfioaSh5nU1YeVDeLq.png","https://files.peakd.com/file/peakd-hive/zafrada/23tcNhoQ1h5pfRixbAig5ku21aTn3MbWDF8LBxip1YEkgG7mb96d97WHWKm5gkhNUyufw.png"]} |
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extensions | [] |
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signatures | 0. | 2078e42374b3fc05d8cf211ca2d756123e8da9176d34b1097b49580d3d1022e2da02f3128cd07fdb906809f7d79f07ab31580f76fca173de8a8552659e865751d3 |
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transaction_id | 45e1e66136fc5e967cb62e29f3735d6161064508 |
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block_num | 68,318,439 |
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transaction_num | 34 |
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