Nonlinearities and the Macroeconomic Effects of Oil Prices
Working Paper 16186
DOI 10.3386/w16186
Issue Date
This paper reviews some of the literature on the macroeconomic effects of oil price shocks with a particular focus on possible nonlinearities in the relation and recent new results obtained by Kilian and Vigfusson (2009).
-
-
Copy CitationJames D. Hamilton, "Nonlinearities and the Macroeconomic Effects of Oil Prices," NBER Working Paper 16186 (2010), https://doi.org/10.3386/w16186.
Published Versions
Hamilton, James D., 2011. "Nonlinearities And The Macroeconomic Effects Of Oil Prices," Macroeconomic Dynamics, Cambridge University Press, vol. 15(S3), pages 364-378, November. citation courtesy of