U.S. Economy’s Resilience to Oil Price Shocks
Published on Friday, November 28, 2014
U.S. Economy’s Resilience to Oil Price Shocks
Summary
Economic cycles are more resilient to short lived oil price shocks. Long-term oil price changes have a strong effect on GDP growth. The cost of production appears to be less sensitive to oil-price changes
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Oil
Authors
Shushanik Papanyan
Documents and files
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