We study the impact of oil price uncertainty (OPU) on macroeconomic activity. We construct
a new measure of OPU by extracting information on oil markets from 50 newspapers around …

State-dependent local projection methods have become the state-of-the-art technique for
investigating asymmetric and/or nonlinear responses to economic (and other) shocks. We …

This paper aims to investigate the nonlinear relationship between oil prices and stock
returns around the zero lower bound. Using state-dependent local projections, we find that …

We examine the impact of oil price shocks on four US macroeconomic variables over the
period January 1974 to August 2016. We use local projections and consider different linear …

In this paper we investigate the impact of changes in proved reserves on US stock returns
using firm level data of the largest US oil and gas companies. The selected sample covers …

This paper investigates the effects of oil supply, oil-specific consumption demand, oil
inventory demand shocks, and global economic activity shocks on state-level tradable and …

In contrast to the prior that oil shocks would deter the economic growth of Korea that imports
most of energy sources, several studies have found no support for this prior. We address this …

This paper analyzes the role of different types of oil price shocks for real oil price fluctuations
and contributes by exploiting insights from the frequency domain perspective. We find …

Aim of the Study: The research attempts to reconnoiter the asymmetric effects of oil & gold
prices on the US stock market and investigates volatility also in the stock markets of incipient …

Abstract This paper employs Local Projections (LPs) to analyse the impact of the Flexible
Credit Line (FCL), an International Monetary Fund (IMF) initiative introduced during the …