Oil price shocks continue to provide surprises, even with known driving factors. Unlike
previous studies limited in original holistic time horizons, we examine impacts of oil supply …

This paper proposes a simple but comprehensive structural vector autoregression (SVAR)
model to examine the underlying factors of oil price dynamics by explicitly incorporating the …

In recent years, our understanding of the nature of energy price shocks and their effects on
the economy has evolved dramatically. Only a few years ago, the prevailing view in the …

This paper constructs a five-variable time-varying vector autoregressive model based on oil
price, oil aggregate supply, oil aggregate demand, global oil inventory, and speculative …

Although average world crude oil prices have risen more than $30 per barrel since the end
of 2001, the US economy has remained strong, growing at about 3.5% annually over this …

We replicate and update the results of Kilian (2009) to include the period since the financial
crisis. We separate the drivers of the price of crude oil shocks into three components: oil …

This paper investigates the time frequency and quantile dynamics of the dependence
among the stock prices of clean energy companies, the stock prices of oil & gas companies …

Sector stock indices respond to oil price fluctuations with temporal heterogeneities based on
their oil dependence and multiple transmission mechanisms. Additionally, such …

The paper introduces a new measure that jointly identifies and disentangles the oil supply
shocks of crude oil into exogenous and endogenous, by quantifying the positive and …

This paper analyzes how global economic activity reacts to shocks in the crude oil market,
allowing that such reactions may change over time by using a Time-Varying Parameter …