TITLE

Macroeconomic responses to oil price increases and decreases in seven OECD countries

AUTHOR(S)
Mork, Knut Anton; Olsen, Olstein
PUB. DATE
September 1994
SOURCE
Energy Journal;1994, Vol. 15 Issue 4, p19
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Examines the correlation between oil price movements and gross domestic products (GDP) fluctuations for United States, Canada, Japan, West Germany, France, Great Britain, and Norway. Asymmetric responses to price increases; Bivariate and partial correlations within a reduced-form macroeconomic model; Asymmetric effects of oil price movements in most countries except Norway.
ACCESSION #
9502084244

 

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