Historical Energy Price Shocks and their Changing Effects on the Economy

Historical Energy Price Shocks and their Changing Effects on the Economy / Dirk Jan van de Ven and Roger Fouquet. Centre for Climate Change Economics and Policy & Grantham Research Institute on Climate Change and the Environment, April 2014, 35 p. (working paper) http://econpapers.repec.org/paper/lsglsgwps/wp153.htm Authors's abstract : The purpose of this paper is to identify the changes in the impact of energy shocks on economic activity – with an interest in assessing if an economy’s vulne..