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Published on Friday, November 28, 2014

U.S. Economy’s Resilience to Oil Price Shocks

Economic cycles are more resilient to short lived oil price shocks. Long-term oil price changes have a strong effect on GDP growth. The cost of production appears to be less sensitive to oil-price changes

Documents to download

Report (PDF)

141126_US_EW_MacroOilEffects_esp Spanish November 28, 2014
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Report (PDF)

141126_US_EW_MacroOilEffects English November 28, 2014
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Authors

Shushanik Papanyan

Geographies

Geography Tags
Global

Topics

Topic Tags
Macroeconomic Analysis

Tags

Tags
Oil

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