Hamilton on Oil Prices and the Recession

Michael Giberson James Hamilton, “Will rising oil prices derail the recovery?“: I have no doubt that the problems with financial markets were a bigger factor than oil prices in the striking collapse in output in 2008:Q4 and 2009:Q1. The other approaches to measuring the contribution of oil to the downturn surveyed in my Brookings paper … More Hamilton on Oil Prices and the Recession

Oil Shocker: Energy Economist Bids to Get Back on the Front Page

Michael Giberson I don’t know about the rest of you university energy economists, but life in the classroom got a little tougher for me this Spring. Last Fall energy economics was on the front pages of the nation’s newspapers every week, nearly every day. Anytime I wandered into class a minute or two early, I … More Oil Shocker: Energy Economist Bids to Get Back on the Front Page