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Oil and the Macroeconomy Since the 1970s

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NBER2004-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10855
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资源简介:
Increases in oil prices have been held responsible for recessions, periods of excessive inflation, reduced productivity and lower economic growth. In this paper, we review the arguments supporting such views. First, we highlight some of the conceptual difficulties in assigning a central role to oil
提供机构:
美国国家经济研究局
创建时间:
2004-10-01
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