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Lower Oil Prices and the US Economy: Is This Time Different?

Lecture by Lutz Kilian (University of Michigan), Oct. 16

Zuhörer*innen bei einer Vorlesung

Foto: Fabian Stürtz

We are pleased to announce the third session of the Joint Seminar of the Economics Departments in Bonn & Cologne!

Date: Monday, October 16, 4:00 pm
Place: Neuer Senatssaal, Hauptgebäude, University of Cologne
Lutz Kilian will present some of his research on the relation between oil prices and the US economy, developed in papers jointly written with Christiane Baumeister and Xiaoqing Zhou. In these papers, Kilian and his coauthors analyze why the massive and unexpected decline of the oil prices between 2014 and 2016 did not have a strong economic impact and they relate their findings to similar periods in recent decades.

About Lutz Kilian:
Lutz Kilian is Professor at the University of Michigan, where he is a faculty member of the Department of Economics. His research focuses on empirical macroeconomics, international finance, time series econometrics and energy economics, with a special emphasis on oil prices and their transmission, fluctuations & forecasting.

If you would like to meet with Prof. Kilian on that day, please contact Raphael Flore (Coordinator of the Competence Area “Social and Economic Behavior”) at flore(at)