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

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.