Abhatoo - Centre Nationale de Documentation

Table of Contents

I Introduction and summary

1. Simulation results of a permanent oil price shock: the euro area

2. Simulation results of a permanent oil price shock: other areas of the world

II The NIME model

1. The household sector

2. The enterprise sector

3. The fiscal sector

4. The monetary sector

5. Oil in the NIME model’s production function

III Effects of a permanent oil price shock

A. The comparative statics

B. The adjustment process

C. Detailed area tables

IV Appendix: Modifications to the NIME model

A. Oil and the price of imports of the major country blocs

B. The supply side effects of an oil price shock in the major country blocs: some analytical results

C. Exports of the major country blocs

D. Stock market effects for the major country blocs

E. The rest of the world bloc

F. Data