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Selected Works of Harry D. Saunders
Unpublished Paper
What to do when they close the Strait of Hormuz
(2007)
  • Harry D. Saunders
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Abstract

This paper provides a non-mathematical analysis of options available to fiscal and monetary authorities in the event of a major oil supply disruption. It argues for distinguishing between "price" shocks and "quantity" shocks.

Keywords
  • oil shock,
  • Strait of Hormuz,
  • monetary policy coordination
Disciplines
Publication Date
2007
Citation Information
Harry D. Saunders. "What to do when they close the Strait of Hormuz" (2007)
Available at: http://works.bepress.com/harry_saunders/21/