Oil price shocks and US economic activity

AM Herrera, MB Karaki, SK Rangaraju - Energy policy, 2019 - Elsevier
Our understanding of the sources of oil price fluctuations and their effects on the US
economy has undergone important transformations in the last decades. First, several studies …

[HTML][HTML] Investors' perspective on forecasting crude oil return volatility: Where do we stand today?

L Liu, Q Geng, Y Zhang, Y Wang - Journal of Management Science and …, 2022 - Elsevier
In this paper, we review studies of oil volatility prediction from a new perspective: that of
investors who require economic evaluations of forecasting performance. Our results indicate …

Forty years of oil price fluctuations: Why the price of oil may still surprise us

C Baumeister, L Kilian - Journal of Economic Perspectives, 2016 - aeaweb.org
It has been 40 years since the oil crisis of 1973/74. This crisis has been one of the defining
economic events of the 1970s and has shaped how many economists think about oil price …

[HTML][HTML] Volatility spillovers and frequency dependence between oil price shocks and green stock markets

W Hanif, T Teplova, V Rodina, M Alomari, W Mensi - Resources Policy, 2023 - Elsevier
This study uses wavelet coherence and frequency connectedness techniques to examine
the time-frequency dependence and risk connectivity between oil shocks and green stocks …

Geopolitical oil price uncertainty transmission into core inflation: evidence from two of the biggest global players

CC Lee, G Olasehinde-Williams, O Özkan - Energy Economics, 2023 - Elsevier
This research argues that inflation indirectly correlates with geopolitics through the oil
markets. The argument is that uncertainties generated by geopolitics are often transmitted …

The great plunge in oil prices: Causes, consequences, and policy responses

J Baffes, MA Kose, F Ohnsorge… - … , and Policy Responses …, 2015 - papers.ssrn.com
Following four years of relative stability at around $105 per barrel, oil prices have declined
sharply since June 2014. This paper presents a comprehensive analysis of the sources of …

Tail risk connectedness in the oil-stock nexus: Evidence from a novel quantile spillover approach

Z Liu, X Shi, P Zhai, S Wu, Z Ding, Y Zhou - Resources Policy, 2021 - Elsevier
This study investigates the tail risk spillovers between the crude oil market and the stock
markets of twelve major oil-importing and seven oil-exporting countries. We employ a novel …

[HTML][HTML] Asymmetric effect of oil price on economic growth: Panel analysis of low-income oil-importing countries

MO Akinsola, NM Odhiambo - Energy Reports, 2020 - Elsevier
This paper examines the impact of oil price on economic growth in seven low-income oil-
importing sub-Saharan African (SSA) countries, namely Ethiopia, Gambia, Mali …

Macroeconomic outcomes of OPEC and non-OPEC oil supply shocks in the euro area

Y Cai, D Zhang, T Chang, CC Lee - Energy Economics, 2022 - Elsevier
Exogenous OPEC and non-OPEC oil supply cuts, which are identified within an SVAR
model with unplanned oil supply outage as an external instrument, decrease industrial …

The impact of the shale oil revolution on US oil and gasoline prices

L Kilian - Review of Environmental Economics and Policy, 2016 - journals.uchicago.edu
This article examines how the shale oil revolution has shaped the evolution of US crude oil
and gasoline prices. It puts the increased production of shale oil into historical perspective …