Katalog GES

Time-Varying Effects of Oil Supply Shocks on the US Economy

Using time-varying BVARs, we find a substantial decline in the shortrun price elasticity of oil demand since the mid-1980s. This finding helps explain why an oil production shortfall of the same magnitude is associated with a stronger response of oil prices and more severe macroeconomic... Full description

1st Person: Baumeister, Christiane
Additional Persons: Peersman, Gert verfasserin
Source: in American economic journal Vol. 5, No. 4 (2013), p. 1-28
More Articles
Type of Publication: Article
Language: English
Published: 2013
Keywords: research-article
Online: Volltext
  Search for full text



Similar Items

Cannot find similar records

Library Services

Search Options

Quick links