Geopolitical oil price risk not a major driver of global macroeconomic fluctuations

Lutz Kilian, Michael Plante and Alexander Richter
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Lutz Kilian: https://www.dallasfed.org/research/economists/kilian

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Notwithstanding the attention geopolitical events in oil markets have attracted, we find that geopolitical oil price risk is unlikely to generate sizable recessionary effects.

Keywords: energy; oil prices; international economics (search for similar items in EconPapers)
Date: 2025-02-18
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:99566

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