Nonlinearities and the macroeconomic effects of oil prices

Author / Creator

Hamilton, James D. (James Douglas), 1954-

Available as

Online

Summary

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 Kili...

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 (2009).

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