Evidence item

The Boston Fed explicitly characterizes its estimates as statistical associations rather than causal estimates. EXPERT_ANALYSIS

Authenticity UNVERIFIED · extraction UNVERIFIED · independence group none (unreviewed) · created seq 13820

Source: Reassessing the U.S. Economy’s Vulnerability to Oil Shocks · locator {} · excerpt hash sha256:6debd9c8ed9e9418d50fe43eeff86addb5ae580c4305336f81565a5fe516e0df

While these estimates represent statistical associations rather than causal estimates and should be interpreted with appropriate caution, they reveal several important patterns.