“...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...”

“...How do income shocks affect armed conflict? Theory suggests two opposite effects. If labour is used to appropriate resources violently, higher wages may lower...”

“...This paper studies whether fiscal policy plays a stabilizing role in the context of import food price shocks. More precisely, the paper assesses whether fiscal...”

“...This paper proposes the effect of oil price shocks on the Russian economic indicators using time series for the period 1991-2016 year to cover all of oil price...”

“...This paper investigates how explicit structural shocks that characterize the endogenous character of oil price changes affect stock-market returns in a sample...”

“...The paper investigates the time-varying correlation between stock market prices and oil prices for oil-importing and oil-exporting countries. A DCC-GARCH-GJR...”

“...It is generally assumed that oil price shocks have a significant impact on oil-rich countries. Motivated by this belief, we examine how disaggregated oil...”

“...We study the effects of crude oil price shocks on the stock market volatility of the G7 countries. We identify the causes underlying oil price shocks and gauge...”

“...A considerable body of economic literature shows the adverse economic impacts of oil-price shocks for the developed economies. However, there has been a lack...”

“...The data in Fehr and Tyran (2001) and Petersen and Winn (2014) show that money illusion plays an important role in nominal price adjustment after a fully...”