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This paper assesses empirically the effects of oil price shocks on the real economic activity of the main industrialised countries. Multivariate VAR analysis is carried out using both linear and nonlinear models. The latter category includes three approaches employed in the literature, namely,...
Persistent link: https://www.econbiz.de/10009639416
We present a general equilibrium model of the global oil market, in which the oil price, oil production, and consumption, are jointly determined as outcomes of the optimizing decisions of oil importers and oil exporters. On the supply side the oil market is modelled as a dominant firm – Saudi...
Persistent link: https://www.econbiz.de/10009640843
This opinion survey covers the core areas of business and the economy, health, diet and the environment. Opinion …
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Pervasive Computing ist eine zukünftige Anwendungsform von Informations- und Kommunikationstechnologien (ICT), die durch Miniaturisierung und Einbettung von Mikroelektronik in andere Objekte sowie ihre Vernetzung und Allgegenwart im Alltag gekennzeichnet ist. Anders als die meisten heutigen...
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Available information on the implementation of the ELV Directive suggests that there is still room for improvement regarding management of end-of-life vehicles in Europe. The study evaluates and discusses fundamental aspects of ELV management such as arisings, legal and illegal shipment,...
Persistent link: https://www.econbiz.de/10010487789