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How Are Fuel Prices Linked To Fiji’s Macroeconomy?
Understanding how well the fuel market (or its prices) are linked to a country’s macroeconomy has both fiscal and monetary policy coordination implications. This note attempts to provide an understanding of how shocks from the fuel market impact the macroeconomy and vice versa. Our results are novel: we show that Fiji’s macroeconomy only absorbs a maximum of 31% of shocks from the system, implying that most movements in the macroeconomy are due to fundamentals and not the fuel market. The key policy message is that pricing behavior and any price controls
associated with the fuel market will not have negative macroeconomic connotations.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir (Majalah) | 1 |
| Penerbit | Jakarta: Bank Indonesia 2023 |
|---|---|
| Edisi | Volume 26, Number 3, 2023 |
| Subjek | Fuel price Macroeconomy |
| ISBN/ISSN | 2460-9196 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 562 p. |
| Info Detail Spesifik | Bulletin Of Monetary Economics And Banking |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |