Since 2014
Consumer Credit, Oil Prices, and the U.S. Economy
Turkish Economic Review
View Archive Info| Field | Value | |
| Title |
Consumer Credit, Oil Prices, and the U.S. Economy
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| Creator |
ARORA, Vipin
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| Subject |
oil price, economic activity, credit, consumption
C00, E20, E51, E60, Q43 |
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| Description |
Abstract. Have you paid cash to fill up your gas tank lately? Probably not and I argue this is one reason why the U.S. economy appears to have become less sensitive to changes in the price of oil. When gas prices rise drivers have increasingly been able to borrow and firms able to offer incentives making immediate reductions in the purchases of groceries, electronics, cars, and other goods smaller than in the past. This alters the relationship between oil prices and U.S. economic activity, but does not eliminate it the money must be paid back after all.Keywords. oil price, economic activity, credit, consumption.JEL. C00, E20, E51, E60, Q43.
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| Publisher |
Turkish Economic Review
Turkish Economic Review |
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| Contributor |
—
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| Date |
2016-03-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/TER/article/view/629
10.1453/ter.v3i1.629 |
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| Source |
Turkish Economic Review; Vol 3, No 1 (2016): March; 122-142
Turkish Economic Review; Vol 3, No 1 (2016): March; 122-142 2149-0414 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/TER/article/view/629/803
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/629/232 http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/629/233 http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/629/234 http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/629/235 |
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| Rights |
Copyright (c) 2016 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0 |
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