Franklin

Effects of Oil Shocks on the Economy [electronic resource] : A Review of the Empirical Evidence.

Author/Creator:
Library of Congress. Congressional Research Service.
Publication:
[S.l] : [s.n.], 2006.
Format/Description:
Government document
Book
1 online resource (24 p., digital, PDF file)
Subjects:
Business cycles.
Economic policy.
Monetary policy.
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:
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.
CRS Report.
Other format:
Microfiche version: Library of Congress. Congressional Research Service. Effects of Oil Shocks on the Economy
Access Restriction:
Restricted for use by site license.
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