Ishak, Phoebe W.; Farzanegan, Mohammad Reza - In: Economics & Politics 34 (2021) 2, pp. 298-321
In this study, we look at how oil price shocks affect the incidence of protests in a country and how the size of a country's shadow economy influences this relationship. Using panel data from 144 countries, from the period of 1991–2015, we find evidence that negative oil price shocks...