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...

Full description

Saved in:

Bibliographic details
Volume:	30
Main Author:	Christiane Baumeister Lutz Kilian
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	American Economic Association 01.01.2016
published in:	The Journal of economic perspectives Vol. 30; no. 1; pp. 139 - 160
Data of publication:	20160101
ISSN:	0895-3309 1944-7965
EISSN:	1944-7965
Discipline:	Economics Law
Subjects:	Oil prices Economic expectations Economic fluctuations Financial markets Oil production Symposium: Oil and Gas Markets Crude oil Oil price shocks Market prices Supply Price fluctuations Prices and rates Practice Economists Analysis Petroleum
Online Access:	Fulltext
Database:	JSTOR Open Access Journals CrossRef Academic OneFile (A&I only) Database information Databases - DBIS