NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Three Epochs of Oil

Eyal Dvir, Kenneth S. Rogoff

NBER Working Paper No. 14927
Issued in April 2009

---- Acknowledgements -----

We thank Jim Anderson, Deepa Dhume, Gita Gopinath, Lutz Kilian, Brent Neiman, and the participants of the macro seminar at Boston College for helpful comments on earlier versions, as well as Susanto Basu and Fabio Ghironi for helpful conversations. An earlier version of this paper (Dvir and Rogoff Feb. 2008) circulated under the title "Oil and Global Growth." The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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