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Watching Oil

…prices. However, the most recent runup in spot prices to nearly $55 per barrel, attributed largely to the destructive effects of Hurricane Ivan, left the price for delivery in 2010…

…to briefly examine the differing effects of monetary policy in Europe and the US. The difference revolves around the efficacy of the so-called monetary policy transmission mechanism in the EU…

…More important are the effects of higher oil prices on energy inputs to firms, and the possible broader inflationary effects that this has on the economy. Higher interest rates result,…

…Atrios wrote And, all such arguments [for free trade] ignore the transition effects. Some temporary employment/underemployment can result as regulations, technology, and terms of trade change. The industry-specific skills of…