Oil, Automobiles, and the U.S. Economy: How Much have Things Really Changed?
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This paper studies the impact of oil shocks on the U.S. economy--and on the motor vehicle industry in particular--and re-examines whether the relationship has changed over time. We find remarkable stability in the response of aggregate real variables to oil shocks once we account for the extra costs
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美国国家经济研究局创建时间：
2010-06-01
