Effects of Oil Shocks on the Economy A Review of the Empirical Evidence

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Business cycles.

Economic policy.

Monetary policy.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2006

Summary:

Examines impact on U.S. economy of sharp increases in oil prices, in light of historical trends indicating that recessions often follow price increases. Discusses theoretical considerations and policy implications of oil shocks, and reviews the empirical record regarding the relationship between the economy and oil prices, including studies on the interaction between monetary policy and oil prices and the impact of oil shocks on employment

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Effects of Oil Shocks on the Economy

Publisher Number:

CRS-2006-GVF-0065

Access Restriction:

Restricted for use by site license