Nonlinearities And The Macroeconomic Effects Of Oil Prices
This paper reviews some of the literature on the macroeconomic effects of oil price shocks with a particular focus on possible nonlinearities in the relation and recent new results obtained by Kilian and Vigfusson [ http://www-personal.umich/~lkilian/kvsubmission.pdf (2009)].
Volume (Year): 15 (2011)
Issue (Month): S3 (November)
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