Oil-induced stagflation: a comparison across major G7 economies and shock episodes

Rebeca Jiménez-Rodríguez and Marcelo Sanchez

Applied Economics Letters, 2010, vol. 17, issue 15, 1537-1541

Abstract: This article finds strong evidence of oil-induced stagflation in major G7 economies. Oil shocks provoked output losses and higher inflation on a widespread basis from the mid-1970s to the early 1980s, as well as - to a lesser extent - in the new millennium.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:15:p:1537-1541

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DOI: 10.1080/13504850903035923

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