Template-Type: ReDIF-Article 1.0
Author-Name:  Javier F. Mory
Title:  Oil Prices and Economic Activity: Is the Relationship Symmetric?
Classification-JEL: F0
Pages:  151-162
Volume:  Volume14
Issue:  Number 4
Year:  1993
Abstract:  This paper presents some evidence of an asymmetric effect of oil price spikes upon the U.S. economy. It appears that price increases may be associated with reductions in economic activities, while price decreases do not display a distinct relationship with the economy.Possible explanations for these results are offered. 
Handle: RePEc:aen:journl:1993v14-04-a10
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1140
File-Format: text/html
File-Restriction: Access to full text is restricted to IAEE members and subscribers.