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Plunging oil prices: a boost for the U.S. economy, a jolt for Texas

Author

Listed:
  • Anthony Murphy
  • Michael D. Plante
  • Mine K. Yücel

Abstract

Economic activity in the U.S. overall will benefit from the oil price collapse. The decline will, however, negatively affect oil-producing states such as Texas and North Dakota.

Suggested Citation

  • Anthony Murphy & Michael D. Plante & Mine K. Yücel, 2015. "Plunging oil prices: a boost for the U.S. economy, a jolt for Texas," Economic Letter, Federal Reserve Bank of Dallas, vol. 10(3), pages 1-4, April.
    • Handle: RePEc:fip:feddel:00019
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    Cited by:

    1. Jason Brown, 2015. "The response of employment to changes in oil and gas exploration and drilling," Economic Review, Federal Reserve Bank of Kansas City, issue Q II, pages 57-81.

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