The Employment and Wage Effects of Oil Price Changes : A Sectoral Analysis

A Sectoral Analysis

The Employment and Wage Effects of Oil Price Changes : A Sectoral Analysis
In this paper, we use micro panel data to examine the effects of oil price changes on employment and real wages, at the aggregate and industry levels. We also measure differences in the employment and wage responses for workers differentiated on the basis of skill level. We find that oil price increases result in a substantial decline in real... READ MORE...

Publication date: April 1995
ISBN 9781451845518
$15.00

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