Mensi, Walid; Hammoudeh, Shawkat; Yoon, Seong-Min - In: Energy Economics 42 (2014) C, pp. 343-354
volatility of crude oil markets in the presence of long memory and structural changes. To do so, we first discern OPEC's oil … long memory. The empirical evidence also shows that OPEC's announcements especially the “cut” and the “maintain” decisions …