oil shocks

There was a feeling in the 1970s that the post-war economic model had been corroded by rising inflation and a series of oil shocks.

So oil shocks have smaller effects today, because labour markets in rich countries have become considerably more flexible since the 1970s.

Both papers help tell us why oil shocks hurt much less than they used to.

Yes, the U. S. isn't as vulnerable to oil shocks as it once was.

Today's flexible jobs markets allow oil shocks to be absorbed less harmfully.

The two oil shocks of the 1970s drove the economic "stagflation" that plagued Europe and America during that decade.

Since the oil shocks, Japan's demand has never exceeded its 1973 figure.

Composite oil shocks with dual O-rings seals and threaded spring pre-load adjusters .

Just look at Brazil, which implemented a program mandating the deployment of flex-fueled cars in reaction to the oil shocks of 1973.

The first two oil shocks banished oil from power generation.

The 1970s oil shocks made Alaska and the North Sea viable oil provinces.

This is what happened after the first two oil shocks.

Developing of Asian Oil Market Order: An Analysis on the Effects of the Oil Shocks on Asian Economy