Exogenous Oil Supply Shocks: How Big Are They and How Much do they Matter for the US Economy?
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- Lutz Kilian, 2008. "Exogenous Oil Supply Shocks: How Big Are They and How Much Do They Matter for the U.S. Economy?," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 216-240, May.
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More about this item
KeywordsCounterfactual; Economic activity; Exogeneity; inflation; oil shock; Oil supply; war; weak instruments;
All these keywords.
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BEC-2005-08-13 (Business Economics)
- NEP-ENE-2005-08-13 (Energy Economics)
- NEP-HIS-2005-08-13 (Business, Economic & Financial History)
- NEP-MAC-2005-08-13 (Macroeconomics)
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