Working Paper No. 47

Oil Prices and Economic Stability: The Macroeconomic Impact of Oil Price Shocks on the Swedish Economy

Published: 1981Pages: 10Keywords: Oil dependence; oil price shocks; energy taxation; macroeconomic simulation models;

Oil Prices and Economic Stability: The Macroeconomic Impact of Oil Price Shocks on the Swedish Economy Bengt-Christer Ysander


In these simulation experiments for the Swedish economy, the impact of a future oil price shock was measured in terms of the stabilization policies required, and the possibility was evaluated of insuring against such price shocks by way of a gradually increasing oil tax.

Interdisciplinary European Studies

The European Union in a Changing World Order

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This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy. 

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