| Document Date: 2010-11-16 10:50:21
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Country United States / Iraq / Kuwait / / Currency USD / / / Facility Economics University of California / / IndustryTerm energy demand / putty-clay investment technology / historical oil price shocks / higher energy prices / oil price / oil price decreases / oil price increases / oil-price volatility / energy intensive / petroleum products / oil price shocks / historical oil shocks / oil price increase / decreased energy use / oil price shock / oil-producing sector / imported oil / oil price decrease / energy prices / oil / marginal product / oil prices / energy expenditure share / oil shock / oil price measures / Oil shocks / non-energy items / energy / / Organization OECD / University of California / San Diego / / Person Rob Vigfusson / James D. Hamilton / Kilian / / Position model of Hamilton / / ProvinceOrState California / / PublishedMedium the Journal of Political Economy / / Technology putty-clay investment technology / /
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Nonlinearities and the Macroeconomic Effects of Oil Prices* James D. Hamilton Department of Economics University of California, San Diego