The Effects of Oil Shocks on the Economy: A Review of the Empirical Evidence
Description:
This report surveys the econometric literature on oil shocks to provide quantitative estimates of how large an effect oil price changes have on economic activity. It also reviews the statistical robustness of these findings and discusses some of the limitations of these types of statistical analyses.
Date:
January 18, 2006
Creator:
Labonte, Marc
Item Type:
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