Forty Years of Oil Price Fluctuations: Why the Price of Oil May Still Surprise Us

It has been 40 years since the oil crisis of 1973/74. This crisis has been one of the defining economic events of the 1970s and has shaped how many economists think about oil price shocks. In recent years, a large literature on the economic determinants of oil price fluctuations has emerged. Drawing...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	The Journal of economic perspectives 2016-01, Vol.30 (1), p.139-160
Hauptverfasser:	Baumeister, Christiane, Kilian, Lutz
Format:	Artikel
Sprache:	eng
Schlagworte:	Business cycles Causality Consumer Price Index Crude oil Crude oil prices Economic crisis Economic expectations Economic fluctuations Economic history Economic policy Economists Energy economics Financial markets Fuel oil prices Gasoline Global economy Inventory Market prices Oil Oil price Oil price shocks Oil prices Oil production Petroleum production Price fixing Price fluctuations Price increases Price level changes Pricing policies Regulation of financial institutions Service stations Studies Supply Supply & demand Symposium: Oil and Gas Markets Volatility
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!