Similar Search Results

Oil price elasticities and oil price fluctuations

Caldara, Dario; Cavallo, Michele; Iacoviello, Matteo - 2016

We study the identification of oil shocks in a structural vector autoregressive (SVAR) model of the oil market. First, we show that the cross-equation restrictions of a SVAR impose a nonlinear relation between the short-run price elasticities of oil supply and oil demand. This relation implies...

Persistent link: https://www.econbiz.de/10011563138

The output effects of commodity price volatility : evidence from exporting countries

Hachula, Michael; Hoffmann, Sebastian - 2015

Empirical evidence indicates that high oil price volatility has a dampening effect on output in countries that import … of commodity price volatility in commodity exporting countries accounting for both oil and non-oil commodities. To that … significant negative impact of price volatility on real output for oil exporters. Our results for exporters of other commodities …

Persistent link: https://www.econbiz.de/10011346638

Time-Varying Oil Price Volatility and Macroeconomic Aggregates

Plante, Michael - 2015

We illustrate the theoretical relation among output, consumption, investment, and oil price volatility in a real … conjunction with a durable good. We estimate a stochastic volatility process for the real price of oil over the period 1986 … oil price volatility produces a temporary decrease in durable spending, while precautionary savings motives lead …

Persistent link: https://www.econbiz.de/10013037191

Dynamic Connectedness among the Implied Volatilities of Oil Prices and Financial Assets : New Evidence of the COVID-19 Pandemic

Antonakakis, Nikolaos; Cuñado Eizaguirre, Juncal; … - 2022

This paper examines the dynamic connectedness among the implied volatilities of oil prices (OVX) and fourteen other assets, which can be grouped into five different assets classes (i.e., energy commodities, stock markets, precious metals, exchange rates and bond markets). To do so we estimate a...

Persistent link: https://www.econbiz.de/10013293023

The Asymmetric Impact of Oil Prices, Interest Rates and Oil Price Uncertainty on Unemployment in US

Kocaarslan, Barış - 2019

significant. Last but not least, we find that option-implied oil price volatility, as a measure of oil price uncertainty …, outperforms the conditional volatility of crude oil prices in predicting unemployment. This study provides valuable implications …

Persistent link: https://www.econbiz.de/10012860192

OPEC in the News : The Effect of OPEC on Oil Price Uncertainty

Plante, Michael - 2018

measure of oil price uncertainty, namely an option-implied volatility, and a measure of macroeconomic uncertainty. Positive …

Persistent link: https://www.econbiz.de/10012937163

Oil Price Elasticities and Oil Price Fluctuations

Caldara, Dario - 2016

Persistent link: https://www.econbiz.de/10013210426

Oil Price Fluctuations and Oil Consuming Sectors : An Empirical Analysis of Japan

Taghizadeh-Hesary, Farhad; Rasoulinezhad, Ehsan; … - 2015

oil price volatility on each sector in Japan, the world’s third-largest crude oil consumer. In order to do so, we apply a … most sectors to oil price volatility declined …

Persistent link: https://www.econbiz.de/10014132844

Oil price fluctuations and oil consuming sectors : an empirical analysis of Japan

Taghizadeh-Hesary, Farhad; Rasolinezhad, Ehsan; … - 2015

oil price volatility on each sector in Japan, the world's third-largest crude oil consumer. In order to do so, we apply a … most sectors to oil price volatility declined. …

Persistent link: https://www.econbiz.de/10011305347

Oil Price Shocks and American Depositary Receipt Stock Returns

Sharma, Shahil - 2017

such as oil price volatility and the spillover of the United States stock market. Further analysis shows that this effect …

Persistent link: https://www.econbiz.de/10012952089