Bank for International Settlements BIS: Research papers· Bohou Cai·· 3 days agoAI Score58
BIS Working Paper: The Impact of Large Oil and Gas Discoveries as Future Output News Shocks on Inflation in Open Economies
News shocks and inflation: theory and evidence from large oil discoveries
AI summary
The Bank for International Settlements (BIS) released a working paper that studies the impact of news about future output on current inflation in open economies, using a sample of 1,309 large oil and gas discoveries across 79 economies from 1980 to 2019, selecting events with a production lag of at least five years as observable future output news shocks.
Source:Bank for International Settlements BIS: Research papers · bis.org