{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,7,2]],"date-time":"2026-07-02T08:25:36Z","timestamp":1782980736236,"version":"3.54.5"},"reference-count":29,"publisher":"Elsevier BV","issue":"2","license":[{"start":{"date-parts":[[2003,3,1]],"date-time":"2003-03-01T00:00:00Z","timestamp":1046476800000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Energy Economics"],"published-print":{"date-parts":[[2003,3]]},"DOI":"10.1016\/s0140-9883(02)00099-3","type":"journal-article","created":{"date-parts":[[2003,4,23]],"date-time":"2003-04-23T16:16:34Z","timestamp":1051114594000},"page":"137-154","source":"Crossref","is-referenced-by-count":320,"title":["Do oil price shocks matter? Evidence for some European countries"],"prefix":"10.1016","volume":"25","author":[{"given":"Juncal","family":"Cu\u00f1ado","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Fernando","family":"P\u00e9rez de Gracia","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","reference":[{"key":"10.1016\/S0140-9883(02)00099-3_BIB1","doi-asserted-by":"crossref","first-page":"271","DOI":"10.2307\/1391542","article-title":"Recursive and sequential tests of the unit-root and trend-break hypothesis: theory and international evidence","volume":"10","author":"Banerjee","year":"1992","journal-title":"J. Bus. Econ. Stat."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB2","doi-asserted-by":"crossref","first-page":"679","DOI":"10.2307\/2297185","article-title":"Input price shocks and the slowdown in economic growth: the case of UK manufacturing","volume":"XLIX","author":"Bruno","year":"1982","journal-title":"Rev. Econ. Stud."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB3","doi-asserted-by":"crossref","first-page":"621","DOI":"10.1162\/003465398557708","article-title":"Unemployment equilibria and input prices: theory and evidence from the United States","volume":"80","author":"Caruth","year":"1998","journal-title":"Rev. Econ. Stat."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB4","unstructured":"Davis, S.J., 1986. Allocative disturbances and temporal asymmetry in labor market fluctuations, University of Chicago, mimeo"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB5","doi-asserted-by":"crossref","unstructured":"Davis, S.J., Haltiwanger, J., 1999. Sectoral job creation and destruction responses to oil price changes, NBER working paper, 7095","DOI":"10.3386\/w7095"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB6","first-page":"1","article-title":"Diferencias entre los precios energeticos de Espa\u00f1a y de Ha UEM","volume":"December","author":"De los Llanos","year":"1999","journal-title":"Bolet\u0131\u0301n Econ\u00f3mico del Banco de Espa\u00f1a"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB7","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1016\/S0164-0704(96)80001-2","article-title":"Oil price volatility and the macroeconomy: a solution to the asymmetry puzzle","volume":"18","author":"Ferdered","year":"1996","journal-title":"J. Macroecon."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB8","doi-asserted-by":"crossref","first-page":"99","DOI":"10.1016\/0304-4076(69)41685-7","article-title":"Residual based tests for cointegration in models with regime shifts","volume":"70","author":"Gregory","year":"1996","journal-title":"J. Econom."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB9","doi-asserted-by":"crossref","first-page":"593","DOI":"10.1086\/261140","article-title":"Oil and the macroeconomy since World War II","volume":"91","author":"Hamilton","year":"1983","journal-title":"J. Polit. Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB10","doi-asserted-by":"crossref","first-page":"593","DOI":"10.1086\/261553","article-title":"A neoclassical model of unemployment and the business cycle","volume":"96","author":"Hamilton","year":"1988","journal-title":"J. Polit. Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB11","doi-asserted-by":"crossref","first-page":"215","DOI":"10.1016\/S0304-3932(96)01282-2","article-title":"This is what happened to the oil price\u2013macroeconomy relationship","volume":"38","author":"Hamilton","year":"1996","journal-title":"J. Monetary Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB12","doi-asserted-by":"crossref","unstructured":"Hamilton, J., 2000. What is an oil shock? NBER working paper, no. 7755","DOI":"10.3386\/w7755"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB13","doi-asserted-by":"crossref","first-page":"107","DOI":"10.5547\/ISSN0195-6574-EJ-Vol19-No4-5","article-title":"Crude oil prices and US economic performance: Where does the asymmetry reside?","volume":"19","author":"Huntington","year":"1998","journal-title":"Energy J."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB14","doi-asserted-by":"crossref","first-page":"195","DOI":"10.1016\/S0304-3932(96)01281-0","article-title":"What happened to the oil price\u2013macroeconomy relationship?","volume":"38","author":"Hooker","year":"1996","journal-title":"J. Monetary Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB15","doi-asserted-by":"crossref","unstructured":"Hooker. M., 1999a. Are oil shocks inflationary? Asymetric and nonlinear specifications versus change in regime, Federal Reserve Board, mimeo","DOI":"10.2139\/ssrn.208890"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB16","doi-asserted-by":"crossref","unstructured":"Hooker. M., 1999b. Oil and the macroeconomy revisited, Federal Reserve Board, mimeo","DOI":"10.2139\/ssrn.186014"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB17","first-page":"19","article-title":"Possible monetary policy responses to the Iraqui oil shock","volume":"2","author":"Kahn","year":"1990","journal-title":"Federal Reserve Bank Kansas City Econ. Rev."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB18","doi-asserted-by":"crossref","first-page":"173","DOI":"10.1016\/0304-3932(92)90011-P","article-title":"The role of energy in real business cycle models","volume":"29","author":"Kim","year":"1992","journal-title":"J. Monetary Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB19","doi-asserted-by":"crossref","first-page":"39","DOI":"10.5547\/ISSN0195-6574-EJ-Vol16-No4-2","article-title":"Oil shocks and the macroeconomy: the role of price variability","volume":"16","author":"Lee","year":"1995","journal-title":"Energy J."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB20","doi-asserted-by":"crossref","first-page":"740","DOI":"10.1086\/261625","article-title":"Oil and the macroeconomy when prices go up and down: an extension of Hamilton's results","volume":"97","author":"Mork","year":"1989","journal-title":"J. Polit. Econ."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB21","doi-asserted-by":"crossref","first-page":"15","DOI":"10.5547\/ISSN0195-6574-EJ-Vol15-NoSI-3","article-title":"Business cycles and the oil market","volume":"15","author":"Mork","year":"1994","journal-title":"Energy J."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB22","doi-asserted-by":"crossref","first-page":"15","DOI":"10.5547\/ISSN0195-6574-EJ-Vol15-NoSI-3","article-title":"Macroeconomic responses to oil price increases and decreases in seven OECD countries","volume":"15","author":"Mork","year":"1994","journal-title":"Energy J."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB23","doi-asserted-by":"crossref","first-page":"301","DOI":"10.2307\/1391544","article-title":"Nonstationarity and the level shifts with an application to purchasing power parity","volume":"10","author":"Perron","year":"1992","journal-title":"J. Bus. Econ. Stat."},{"key":"10.1016\/S0140-9883(02)00099-3_BIB24","series-title":"Structural Slumps","author":"Phelps","year":"1994"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB25","doi-asserted-by":"crossref","first-page":"165","DOI":"10.2307\/2938339","article-title":"Asymptotic properties of residual-based test for cointegration","volume":"58","author":"Phillips","year":"1990","journal-title":"Econometrica"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB26","doi-asserted-by":"crossref","first-page":"335","DOI":"10.1093\/biomet\/75.2.335","article-title":"Testing for a unit root in time series regression","volume":"75","author":"Phillips","year":"1988","journal-title":"Biometrika"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB27","doi-asserted-by":"crossref","unstructured":"Rasche R.H., Tatom J.A., 1981. Energy price shocks, aggregate supply and monetary policy: the theory and international evidence, Carnegie-Rochester Conference Series on Pubic Policy 14, pp. 125\u2013142","DOI":"10.1016\/0167-2231(81)90002-6"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB28","doi-asserted-by":"crossref","unstructured":"Tatom, J., 1988. Are the macroeconomic effects of oil price changes symmetric? Carnegie-Rochester Conference Series on Public Policy 14, pp. 325\u2013368","DOI":"10.1016\/0167-2231(88)90030-9"},{"key":"10.1016\/S0140-9883(02)00099-3_BIB29","doi-asserted-by":"crossref","first-page":"251","DOI":"10.2307\/1391541","article-title":"Further evidence on the great crash, the oil-price shock, and the unit-root hypothesis","volume":"10","author":"Zivot","year":"1992","journal-title":"J. Bus. Econ. Stat."}],"container-title":["Energy Economics"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0140988302000993?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0140988302000993?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2024,1,8]],"date-time":"2024-01-08T22:47:15Z","timestamp":1704754035000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0140988302000993"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2003,3]]},"references-count":29,"journal-issue":{"issue":"2","published-print":{"date-parts":[[2003,3]]}},"alternative-id":["S0140988302000993"],"URL":"https:\/\/doi.org\/10.1016\/s0140-9883(02)00099-3","relation":{},"ISSN":["0140-9883"],"issn-type":[{"value":"0140-9883","type":"print"}],"subject":[],"published":{"date-parts":[[2003,3]]}}}