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Assignment Overview Using complete sentences, in your own words explain how Baumeister and Kilian (2016) define an oil price shock

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Assignment Overview

Using complete sentences, in your own words explain how Baumeister and Kilian (2016) define an oil price shock.

Instructions

• Write and submit your response on your own. Unlike the regular homework, this is not an (optionally) collaborative assignment.
• Responses should be no more than one page in length. They should be long enough to answer the question posed adequately. Acceptable reading responses are usually at least 1/2 page (single spaced, 12 pt font, or the hand writing equivalent).
• Use your own words and write in complete sentences. Do not copy from the authors' writing without attribution, paraphrase without attribution, or include overly-long or unnecessary quotes to fill space.

Cite specific evidence from the reading to support your conclusions.