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Company Baxter / / Country United States / United Kingdom / / / IndustryTerm oil industry publications / low oil price elasticity / oil supply / foreign oil supply / oil price fluctuations / oil-importing economy / oil input changes / lower oil price elasticity / oil bill / oil demand shocks / fundamental oil demand / oil balance / oil importers / oil component / positive technology shock / oil / oil exporter / per capita oil endowment / oil price movements / technology shock / oil inputs / energy / relative oil endowment / endogenous oil price / energy intensity / technology shocks / oil supply shocks / oil price increases / oil price shocks / oil industry / oil-price shocks / Oil serves / oil market considerations / oil supply shock / oil price changes / arguments linking oil price / taken oil prices / linear transition law / oil trade / oil importer / oil demand / oil prices / larger oil deficit / oil deficits / oil endowment / oil importing country / oil crises / modeled oil price shocks / oil shocks / / Organization MIT / Organization of Petroleum-Exporting Countries / US Federal Reserve / Board of Governors / Federal Reserve Board / / Person Martin Bodenstein / Christopher J. Erceg / Giancarlo Corsetti / Eric Swanson / Christopher Erceg Luca Guerrieri / Martin Bodenstein Christopher Erceg Luca / Bt / Lutz Kilian / Luca Guerrieri / Andrea Raffo / Luca Dedola / Christopher Gust / / / Position editor / Corresponding author / author / Governor / writer / / URL www.federalreserve.gov/pubs/ifdp / / SocialTag