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 and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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