Kilian, Lutz (contributor); Rebucci, Alessandro (contributor) - 2007
A large literature has investigated the macroeconomic impact of oil-price shocks, focusing in
particular on the … response of real economic growth and consumer price inflation in oil-importing
countries (see Barsky and Kilian (2004) and … Reinhart (1992),
and Gavin (1990, 1992) has studied the impact of oil price shocks on external accounts.
This relative …