Darby, M.R., 1982. The price of oil and world inflation and recession.

The American Economic

Review, 72(4), pp.738-751.

Ferderer, J.P., 1997. Oil price volatility and the macroeconomy. Journal of macroeconomics,

18(1), pp.1-26.

Zivot, E. and Andrews, D.W.K., 2002. Further evidence on the great crash, the oil-price shock,

and the unit-root hypothesis. Journal of business & economic statistics, 20(1), pp.25-44.

Hamilton, J.D., 2011. Historical oil shocks (No. w16790). National Bureau of Economic

Research.

Barsky, R.B. and Kilian, L., 2004. Oil and the Macroeconomy since the 1970s. The Journal of

Economic Perspectives, 18(4), pp.115-134.

Kilian, L., 2006. Not all oil price shocks are alike: Disentangling demand and supply shocks in

the crude oil market.

Friedman, T.L., 2005. The world is flat: A brief history of the twenty-first century. Macmillan.

Makowski, L. and Ostroy, J.M., 2001. Perfect Competition and the Creativity of the Market.

Journal of Economic Literature, pp.479-535.

Spence, M., 1976. Product selection, fixed costs, and monopolistic competition. The Review of

economic studies, 43(2), pp.217-235.

Joskow, P.L., 1975. Firm decision-making processes and oligopoly theory. The American

Economic Review, 65(2), pp.270-279.