| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w0369 |
| 来源ID | Working Paper 0369 |
| Energy Prices, Inflation, and Recession, 1974-1975 | |
| Knut Anton Mork; Robert E. Hall | |
| 发表日期 | 1979-07-01 |
| 出版年 | 1979 |
| 语种 | 英语 |
| 摘要 | The energy price shock depressed real output by two percent in 1974 and by five percent in 1975, according to our results. Prices rose by four percent in 1974 and by another two percent in 1975. These conclusions are derived from an aggregate model of the U.S. economy with an explicit role of energy in production. The distinction between expected and unexpected shocks is an important part of the model. We also examine monetary and fiscal policies that might have offset the energy shock. |
| URL | https://www.nber.org/papers/w0369 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/557544 |
| 推荐引用方式 GB/T 7714 | Knut Anton Mork,Robert E. Hall. Energy Prices, Inflation, and Recession, 1974-1975. 1979. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w0369.pdf（425KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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