The economic effects of energy price shocks
Lutz Kilian, 13 November 2007
In Discussion Paper 6559 Research Fellow Lutz Killian dispels a number of myths concerning oil price shocks and their impact on the US economy. What is the origin of oil price shocks?
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URL: http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=6559.asp
Topics: Energy
Tags: Asymmetry, Causality, Channels of transmission, Crude oil, Elasticity, Gasoline, Price shocks, Propagation
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