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101 0 $aeng
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181   $2rdacontent
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200 10$aEnergy price shocks and macroeconomic performance /$fDouglas R. Bohi
210  1$aAbingdon, Oxon :$cRoutledge,$d2016.
215   $a1 online resource (108 pages)
225 1 $aRoutledge Revivals
300   $aFirst published in 1989 by Resources for the Future, Inc.
311 08$a1-138-94715-6 
311 08$a1-317-36644-1 
320   $aIncludes bibliographical references.
327   $a1. Introduction -- 2. Overview of the economic record -- 3. Linkages between energy and the economy -- 4. Factor substitution and productivity -- 5. Wage rigidity and the level of employment -- 6. Acceleration of capital obsolescence -- 7. Demand-side effects -- 8. Conclusions.
330   $aThe oil price shocks of the 1970's led to severe recessions in the 1980's in the United States. Originally published in 1989 in the aftermath, Bohi attempts to show both how energy prices can cause a decline in output and employment and to explore important other factors which led to the recessions using the US, United Kingdom, Japan and Germany as examples. The findings in Energy Price Shocks and Macroeconomic Performance have major implications for energy policy and questions government plans which focus solely on preventing another oil supply disruption. This title will be of interest to students of environmental studies and economics as well as professionals.
410  0$aRoutledge revivals.
606   $aPetroleum products$xPrices
606   $aMacroeconomics
615  0$aPetroleum products$xPrices.
615  0$aMacroeconomics.
676   $a339.4
676   $a339.42
700   $aBohi$b Douglas R.$01211236
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910165044603321
996   $aEnergy price shocks and macroeconomic performance$92795915
997   $aUNINA