LE_BARBANCHON, T. - Département des Études Économiques d'Ensemble (D3E), … - 2007
studies seem to be reassuring. Actually, the link between oil prices and GDP growth estimated since the mid 80s is not as … potential explanation is the non-linear or asymmetric nature of the oil price - GDP link. Other explanations are the fact that …. Non-linear preferences generate oil price - GDP asymmetries that do not in the expected direction, and introducing …