Historical Oil Shocks

Hamilton, J. D. (1978). Historical Oil Shocks.

Type

Report

Intellectual base

Grey literature

Year

1978

Pages cited

1973-74

DOI

10.3386/w16790

DOI registrant

National Bureau of Economic Research

Link

https://doi.org/10.3386/w16790

Cited by

1 citation across 1 artifact.

Domain-specific

• Aggregate Supply
  • When OPEC's 1973 embargo roughly quadrupled crude prices (from about $3 to nearly $12 a barrel), and the 1979 Iranian Revolution more than doubled them (from about $16 to about $40 a barrel)

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