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NONLINEARITIES AND THE MACROECONOMIC EFFECTS OF OIL PRICES

โœ Scribed by Hamilton, James D. (author)


Book ID
118748736
Publisher
Cambridge University Press
Year
2011
Tongue
English
Weight
147 KB
Volume
15
Category
Article
ISSN
1365-1005

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## Introduction ecently, a good deal of evidence has been accumulated which suggests that prices R in certain markets and over certain time horizons may be correlated in subtle ways that elude even common statistical tests. Although there are exceptions, such correlations may be induced by an unde