oil price shock 翻译过来就是 “石油价格冲击”,宏观经济学上在20世纪70年代石油危机之后,人们开始关注石油价格变动与世界经济兴衰起伏之间的关系,早期观点主要集中于成本效应和财富效应。成本效应观点认为,石油是基础生产要素,其价格上涨导致生产成本上升,总产出、劳动生产率和实际工资下降,在存在工资黏...
②Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $26 a barrel, up from less than $10 last December.③This near-tripling of oil prices calls up scary memories of the 1973 oil shock, when prices quadrupled, and 1979-80, when they also almost tr...
解析: 结构:(横线部分为主干)This near-tripling(of oil prices 介词短语作后置定语)calls up scary memories[of the 1973 oil shock,(when prices quadrupled, when引导定语从句,修饰1973 oil shock), and 1979-80,(when they also almost tripled, when引导定语从句,修饰1979...
priceelasticityOilembargoNon-parametricanalysisThis paper focuses on the effect of the oil shock of 1973 on US gasoline demand by examining the price elasticities of demand before and after the 1973 embargo. Price elasticities provide useful input to the development of public policy dealing with ...
However, 1973 was also the year in which the world experienced its first major oil price shock. By selecting 1973: i–1985: iv, a period in which there was no change in the exchange rate regime but another oil price shock occurred, we show that the demand for reserves experienced a ...
sohasourunderstandingofthedeterminantsofoilpriceshocksandoftheinteractionbetweenoilmarketsandtheglobaleconomy.Someofthekeyinsightsarethattherealpriceofoilisendogenouswithrespecttoeconomicfundamentals,andthatoilpriceshocksdonotoccurceterisparibus.Thismakesitnecessarytoexplicitlyaccountforthedemandandsupplyshocksunderlying...
Oil Price Shocks and Emerging Stock Markets: A Generalized VAR Approach The oil price shock of 1973 and the subsequent recession gave rise to a plethora of studies analyzing the interrelation between economic variables and oil ... A Maghyereh - 《International Journal of Applied Econometrics & Qu...
Since the 1973 oil price shock, the history and behaviour of the Organization of Petroleum Exporting Countries (OPEC) have received considerable attention ... B Fattouh 被引量: 64发表: 2007年 Sourcebook of Labor Markets: Evolving Structures and Processes Edited by Evar Berg and Arne L. Kallebe...
欢迎收听美联储的秘密-英文版的商业管理类最新章节声音“1-4-The lastest oil price shock”。价格越高,销货越多此外,糟糕的时机也给这场新近发生的油价危机雪上加霜,当时美国通胀率已经开始非正常走高。1979年第一季度,CPI包...
Could the bad old days of economic decline be about to return?Since OPEC agreed to supply-cuts in March,the price of crude oil has jumped to almost $26 a barrel,up from less than $10 last December.This near-tripling of oil prices calls up scary memories of the 1973 oil shock,when pr...