Paulo Soares Esteves, Pedro Duarte Neves
Abstract
The importance of oil prices to explain eco-nomic fluctuations emerged when the remarkable price stability that characterized the Golden Age period was interrupted in the early 70s. The recent
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The importance of oil prices to explain eco-nomic fluctuations emerged when the remarkable price stability that characterized the Golden Age period was interrupted in the early 70s. The recent
Key concepts: Economics, Rule of thumb, Inflation (cosmology), Monetary economics, Shock (circulatory), Macroeconomics, Oil price, Economy