"Oil Price Shocks: Can they Account for the Stagflation in the 1970s? ", IMF Working Paper 05/215, novembre, Washington, Fonds monetaire international.Hunt, B., 2005, "Oil Price Shocks: Can They Account for the Stagflation in the 1970s?" IMF Working Paper 05/215 (Washington: ...
foraslowdowninU.S.productivityinthe1970s,andforstagflation(atermcoinedtorefertotheunprecedentedcoincidenceofinflationandeconomicstagnationduringthe1970s).Theyalsohavebeenheldresponsibleforchangesinmonetarypolicy,forfar-reachinglabormarketadjustments,andforchangesinenergytechnologies.Whiletheinterestinoilpriceshockswanedin...
Since the oil shocks of the 1970s, an increasing number of studies have examined the relationship between oil prices and the real macroeconomic activities.1 Among them, the linkage between oil price shocks and stock market returns draws a particular attention from the researchers. For instance, ba...
Gomez-Loscos, A.; Gadea, M.D.; Montanes, A. Economic growth, inflation and oil shocks: Are the 1970s coming back? Appl. Econ. 2012, 44, 4575-4589.Ana Gomez-Loscos, Maria Dolores Gadea and Antonio Montanes (2012): Economic Growth, Inflation and Oil Shocks: Are the 1970s Coming ...
More recently, David Popp, an economist at Syracuse University, looked at the impact of the oil price shocks of the 1970s. He found that inventors emerged from the woodwork to file oil-saving patents in fields from heat pumps to solar panels. 最近,锡拉丘兹大学(Syracuse University)经济学家大...
The stabilization and allocation effects of two types of policy adopted by Canada in the 1970s to shelter the domestic economy from the 1973–74 and 1979–80 oil shocks are analyzed in this paper. After outlining the model, estimates of the effects of alternative Canadian energy pricing strategi...
6.It has also been demonstrated through the wide-ranging effects of single dramatic events, such as each of the oil price shocks of the 1970s.像70年代的几次石油价格冲击那样的突然事件所造成的广泛影响,也证明了这种相互依存的关系。 7.Against that background, any number of shocks could raise p...
In the absence of either of these two responses, the model suggests that energy price shocks cannot generate the type of stagflation witnessed in the 1970s. Further, even allowing for these two effects, the results do not suggest that the increase in the price of oil in late 1973 and ...
Saudi Arabia, ___ some other Gulf oil states, is concerned to avoid any repetition of the two oil price shocks of the 1970s.A. in accordance with B. in comparison with C. in company with D. in opposition to 如何将EXCEL生成题库手机刷题 如何制作自己的在线小题库 > 手机使用 分享...
Oil was cheap, the U.S. controlled its price and had a positive balance of payments. Oil Shocks of the 1970s and 1980s That began to change toward the end of the 1960s. A re-built Europe and Japan rose to challenge American commercial dominance and the costs of fighting the spread of...