Oil and the G7 business cycle : Friedman's Plucking Markov Switching Approach
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- Beaudry, Paul & Koop, Gary, 1993. "Do recessions permanently change output?," Journal of Monetary Economics, Elsevier, vol. 31(2), pages 149-163, April.
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Keywordsoil; OPEC; G7; GDP; business cycle; Friedmanâ€™s Plucking Markov Switching; permanent; transitory;
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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