Oil Price Volatility and U.S. Macroeconomic Activity /
Oil shocks exert influence on macroeconomic activity through various channels, many of which imply a symmetric effect. However, the effect can also be asymmetric. In particular, sharp oil price changes "either increases or decreases" may reduce aggregate output temporarily because they del...
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| Other Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
Ann Arbor, Mich. :
Inter-university Consortium for Political and Social Research [distributor],
2006
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| Series: | ICPSR (Series) ;
1322 |
| Subjects: |