Oil Prices and the Macroeconomy

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dc.contributor.author Bachmeier, Lance J.
dc.contributor.author Plante, Michael
dc.date.accessioned 2018-10-24T21:24:20Z
dc.date.available 2018-10-24T21:24:20Z
dc.date.issued 2018-06-05
dc.identifier.uri http://hdl.handle.net/2097/39226
dc.description Citation: Bachmeier, L. and Plante, M. (2018) Oil Prices and the Macroeconomy. Unpublished manuscript.
dc.description.abstract The combination of high inflation and high unemployment experienced in the 1970s and early 1980s has been perhaps the most important macroeconomic event since the Great Depression. Figure 1 shows that there were two spikes in the price of oil in this time period, and both were followed by large increases in inflation and unemployment. This was widely viewed as evidence that changes in the price of oil have large effects on the economy. Not surprisingly, this episode has been the subject of considerable research. en_US
dc.language.iso en_US en_US
dc.rights This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
dc.rights.uri http://rightsstatements.org/vocab/InC/1.0/
dc.title Oil Prices and the Macroeconomy en_US
dc.type Text en_US
dc.date.published 2018-06-05 en_US
dc.contributor.authoreid lanceb en_US
dc.description.version Unpublished Manuscript


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This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). Except where otherwise noted, the use of this item is bound by the following: This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).

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