Why do you think the surge in oil prices in 2007-2008 had a much smaller impact on

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Why do you think the surge in oil prices in 2007-2008 had a much smaller impact on inflation expectations compared with the oil price shocks of the 1970’s?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 08:15 AM

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Why do you think the surge in oil prices in 2007-2008 had a much smaller impact on

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The response of inflation expectations to changes in ec...View the full answer

Money Banking and Financial Markets

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