Midlands State University Library

Oil shocks and the US terms of trade: (Record no. 162748)

MARC details
000 -LEADER
fixed length control field 01770nam a22002417a 4500
003 - CONTROL NUMBER IDENTIFIER
control field ZW-GwMSU
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240423131036.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 230627b |||||||| |||| 00| 0 eng d
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 13504851
040 ## - CATALOGING SOURCE
Original cataloging agency MSU
Transcribing agency MSU
Description conventions rda
Language of cataloging English
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number HB1.A666 APP
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Maravalle, Alessandro
Relator term author
245 10 - TITLE STATEMENT
Title Oil shocks and the US terms of trade:
Remainder of title gauging the role of the trade channel/
Statement of responsibility, etc. created by Alessandro Maravalle
264 1# - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture New York:
Name of producer, publisher, distributor, manufacturer Taylor and Francis,
Date of production, publication, distribution, manufacture, or copyright notice 2013.
336 ## - CONTENT TYPE
Source rdacontent
Content type term text
Content type code txt
337 ## - MEDIA TYPE
Source rdamedia
Media type term unmediated
Media type code n
338 ## - CARRIER TYPE
Source rdacarrier
Carrier type term volume
Carrier type code nc
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title Applied economics letters
Volume/sequential designation Volume 20, number 2
520 3# - SUMMARY, ETC.
Summary, etc. Recent theoretical literature claims that demand-driven transmission mechanisms are the key to understand how oil shocks affect the economy. Following this literature, we measure the economic strength of one of these demand-driven channels, the trade channel, in the transmission of oil shocks to the US economy. We use Kilian's (2009) decomposition of oil price shocks to identify three possible sources of oil shocks: oil supply, oil-market specific demand and global demand shocks. We then estimate the impact of each shock on the US terms of trade controlling for nonlinear effects in the sign and the size of the shocks. All oil shocks have persistent and statistically significant effects on the US terms of trade. However, we find that only oil supply shocks have an impact on the terms of trade that is nonlinear in the size of the shock. This last result is in accordance with the theoretical findings in Maravalle (forthcoming).
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Oil shocks
Form subdivision Propagation mechanism
General subdivision Asymmetric effects
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1080/13504851.2012.684779
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Serial Enumeration / chronology Total Checkouts Full call number Date last seen Copy number Koha item type Public note
    Library of Congress Classification     Main Library Main Library - Special Collections 20/01/2014 Vol. 20, no.2 (pages 152-156)   HB1.A666 APP 27/06/2023 SP17971 Journal Article For in house use only