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Search results with tag "Causes and consequences of the oil shock"
Causes and Consequences of the Oil Shock of 2007-08 …
www.nber.orgCauses and Consequences of the Oil Shock of 2007-08 James D. Hamilton NBER Working Paper No. 15002 May 2009 JEL No. E32,Q43 ABSTRACT This paper explores similarities and differences between the run-up of oil prices in 2007-08 and earlier
Causes and Consequences of the Oil Shock of 2007 …
econweb.ucsd.eduAlthough the causes were di fferent, the consequences for the economy appear to have been very similar to those observed in earlier episodes, with significant effects on overall consumption spending and purchases of domestic automobiles in