What to do when they close the Strait of Hormuz(2007)
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.
- oil shock,
- Strait of Hormuz,
- monetary policy coordination
Citation InformationHarry D. Saunders. "What to do when they close the Strait of Hormuz" (2007)
Available at: http://works.bepress.com/harry_saunders/21/