Taylor & Francis Onlinehttps://www.tandfonline.com/doi/full/10.1080/00036846.2024.2364941Not all oil shocks are alike and symmetric for economic …2024年6月9日 · Our research is primarily motivated by the desire to comprehend how various oil-related shocks impact a highly oil-import-dependent advanced economy like Korea, especially amid the fluctuating landscape of global trade policies. ... we underscore the significant role of global trade policy uncertainty in assessing the impact of oil prices on ...
ScienceDirecthttps://www.sciencedirect.com/science/article/abs/pii/S0140988316302079Country-specific oil supply shocks and the global economy: …2016年9月1日 · This paper investigates the economic consequences of country-specific oil supply shocks for the global economy in terms of their impacts on real output, oil prices, interest rates and real equity prices. It complements the extensive literature that exists on the effects of global oil supply shocks investigated in a series of papers by Kilian (Kilian, 2008, Kilian, 2009), …
IDEAS/RePEchttps://ideas.repec.org/a/eee/eneeco/v44y2014icp113-134.htmlThe differential effects of oil demand and supply shocks on the global ...Downloadable (with restrictions)! We employ a set of sign restrictions on the impulse responses of a Global VAR model, estimated for 38 countries/regions over the period 1979Q2–2011Q2, as well as bounds on impact price elasticities of oil supply and oil demand to discriminate between supply-driven and demand-driven oil-price shocks, and to study the time profile of their …
University of Maryland Department of Economicshttp://econweb.umd.edu/~stevens/mrg_papers/Kanzig 2021 AER[PDF]The Macroeconomic Effects of Oil Supply News: …2022年9月12日 · for OPEC’s global demand forecasts in the construction of the instrument. This paper is related to a long literature studying the macroeconomic effects of oil price shocks. A key insight in this literature is that oil price shocks do not occur ceteris paribus. Therefore, it is important to account for the fundamental drivers
nyu.eduhttps://pages.stern.nyu.edu/~nroubini/papers/OilShockRoubiniSetser.pdf[PDF]The effects of oil price shocks on the macroeconomy2005年4月11日 · The effects of the recent oil price shock on the U.S. and global economy Oil prices shocks have a stagflationary effect on the macroeconomy of an oil importing country. The size of the output growth/level effect and inflation rate/price level …
Semantic Scholarhttps://www.semanticscholar.org/paper/Crude-oil-price-shocks,-monetary-policy,-…Crude oil price shocks, monetary policy, and China's economy2018年10月11日 · This paper develops a time‐varying parameter vector autoregressive model to examine the dynamic effects of crude oil prices and monetary policy on China's economy during January 1996 to June 2017. The empirical results indicate that (a) in general, international crude oil price shocks have positive effect on China's economic growth and inflation in the short run, …