Are temporary oil supply shocks real? / by Johan Brannlund, Geoffrey Dunbar and Reinhard Ellwanger.: FB3-5/2022-52E-PDF

"Hurricanes disrupt oil production in the Gulf of Mexico because producers shut in oil platforms to safeguard lives and prevent damage. We examine the effects of these temporary oil supply shocks on real economic activity in the United States. We find no evidence that temporary oil supply shocks affect state-level employment or indirectly affect industrial production in sectors not immediately related to oil production"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.919018&sl=0

Publication information
Department/Agency Bank of Canada, issuing body.
Title Are temporary oil supply shocks real? / by Johan Brannlund, Geoffrey Dunbar and Reinhard Ellwanger.
Series title Staff working paper = Document de travail du personnel, 1701-9397 ; 2022-52
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) Last updated: December 20, 2022
Includes bibliographical references (pages 22-24).
Includes abstract in French.
Publishing information [Ottawa] : Bank of Canada = Banque du Canada, 2022.
©2022
Author / Contributor Brannlund, Johan, author.
Description 1 online resource (ii, 39 pages) : charts.
Catalogue number
  • FB3-5/2022-52E-PDF
Subject terms Petroleum reserves -- United States.
Economics -- United States.
Pétrole -- Réserves -- États-Unis.
Économie politique -- États-Unis.
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