Gadea Maria Dolores and Montanes Antonio
Rubrique:
Sources fossilesParution:
2016Titre Ouvrage:
Oil price and economic growth : a long story ?Édition:
University of Saragoza, Banco de Espana, Documentos de Trabajo. Nº 1625Pages:
50 p.This study investigates changes in the relationship between oil prices and the US economy from a long-term perspective. There is an evidence, by means of a time-varying VAR, that the impact of the oil price shock on GDP growth has declined over time. It can be also observe that the negative effect is greater at the time of large oil price increases, supporting previous evidence of nonlinearity in the relationship.
Available on: http://d.repec.org/n?u=RePEc:bde:wpaper:1625
(Accessed on january 2017)