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nonfarm payroll employment in the USA, the book emphasizes the role of aggregate demand shocks in causing the US economy to …
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This paper contributes to the large debate regarding the impact of oil price changes on U.S. GDP growth. Firstly, it replicates empirical findings of prominent studies and finds that the proposed oil price measures have a dissipating effect with recent data up to 2016Q4. Secondly, it re-examines...
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